September 13, 2012

AVID Posts 24% Growth from January-August 2012


The Association of Vehicle Importers and Distributors (AVID) registered 24% growth in total sales with 19,875 units sold in the first eight months of the year versus 16,020 units in the same period last year. January-August 2012 also posted an increase in the Passenger Car (PC) segment, driving overall sales up by 50% to 12,049 units sold compared to 8,047 units sold from January-August last year. Top three contributors to positive sales were British United Automobiles, Inc., The Covenant Car Company, Inc. (TCCCI) and Hyundai Asia Resources, Inc. (HARI). 

AVID also showed a year-on-year growth of 1.8%, with 1,858 units sold in August as opposed to 1,825 units sold last year.

2 comments:

  1. so Dapat isama na ang Ford & Mazda sa AVID hindi po member ng CAMPI..

    ReplyDelete
    Replies
    1. Ford and Mazda aren't members of CAMPI, but they aren't members of AVID either.

      Delete

Feel free to comment or share your views. Comments that are derogatory and/or spam will not be tolerated. We reserve the right to moderate and/or remove comments.