AVID upbeat with impressive recovery across segments in April

The Association of Vehicle Importers and Distributors, Inc. (AVID) recorded a 40% increase in YTD sales, from the 14,572 sold in April 2020 to 20,353 units in the same period this year.

The Passenger Cars (PC) segment has shown a 16% increase in YTD sales with 5,328 units versus the 4,574 units sold in the same period last year. Month-on-month, sales dipped by 21% from 1,372 units sold in March to 1,087 units. Suzuki remained the best seller in this segment with a total of 2,658 units, followed by Hyundai with 1,798 units sold since the start of the year.

In the Light Commercial Vehicles (LCV) segment, AVID recorded a 44% increase in YTD sales, from the 9,906 units sold in 2020 to 14,314 units sold in the same period this year. Month on month, April experienced a 15% drop from the 3676 units sold in March to 3,116 units in April. Ford took the lead with 6,023 units sold with Suzuki at second place with 3,732 units, and Hyundai with 2,069 units.

In the Commercial Vehicles (CV) segment, Hyundai led the charge with 673% growth, from last year’s 92 units to 711 units sold this year. Likewise, April alone saw an increase by 102% or 293 units sold compared to the145 units sold in the previous month.

“They say you cannot emerge from challenging times untransformed. With these encouraging figures, I say we at AVID have boldly transformed ourselves and have become even better at what we do, which is to provide our customers an end-to-end mobility experience that best suits the needs of the times,” AVID president Maria Fe Perez-Agudo said.

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