Friday, December 21, 2012

AVID Posts 14% Growth as of November 2012

The Association of Vehicle Importers and Distributors (AVID) registers a 14% growth from January to November, with 26,272 units sold from 23,012 units in the same period last year. The Passenger Car (PC) segment lifted overall sales by 21% to 15,320 units sold versus 12,660 units in the prior year. This sustained positive sales performance was attributed to British United Automobiles, Inc. (MINI), The Covenant Car Company Inc. (Chevrolet), and Hyundai Asia Resources, Inc. (HARI) by an increase of 28%, 23% and 8% respectively.

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