Monday, February 18, 2013

AVID Remains Upbeat in 2013

In January, AVID sales reached 2,625 units, led by the 16% growth in the Light Commercial Vehicle (LCV) segment. Leading the pack of gainers are Motor Image Pilipinas, Inc., PGA Cars, Inc. and  The Covenant Car Company, Inc., which posted sales growth of 61%, 54%, and 45%, respectively.
Compared with the prior month, sales in January rose by 23.4% to 2,625 units sold from 2,128 units, driven by the expansion in the Passenger Car segment (43%) and sales growth of Hyundai Asia Resources, Inc. at 32.4%.

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