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Monday, March 22, 2021

Suzuki Overtook Hyundai in Passenger Car Sales Last February


The Association of Vehicle Importers and Distributors, Inc. (AVID) recorded a 3 percent increase in sales or 5,401 units sold in February versus the 5,262 units sold in January 2021. Despite the good news, year-to-date AVID sales slumped by 10.3 percent with 10,663 units versus the 11,890 units reported in the same period last year before the pandemic struck.

Passenger Cars (PC) sales show a 12 percent increase with 1,518 units sold in February versus the 1,350 units sold in January. Year-to-date, sales dropped by 19 percent from 3,540 units sold in 2020 to 2,868 units in 2021.

Suzuki emerges as the top performer with 1,334 units followed by Hyundai with 1,095 units sold since the start of the year.

In the Light Commercial Vehicles (LCV) segment, AVID recorded a 9 percent dip from 8,264 units sold in February 2020 to 7,522 units sold in 2021. In February alone, sales slightly dipped by 2 percent with 3,728 units sold versus the 3,794 units sold in January.

Ford continues to lead this segment with 3,228 units sold. Suzuki holds second place with 1,735 units, closely followed by Hyundai with 1,322 units sold.

Meanwhile, in the Commercial Vehicles (CV) segment, Hyundai reported a whopping 217 percent growth, year-to-date, with 273 units sold in 2021 versus the 86 units sold in 2020. In February alone, sales rose by 31 percent with 155 units sold versus the 118 units sold the previous month.

“AVID ended 2020 on a high note. And while we acknowledge that recovery will not come quickly, we remain focused on taking ‘baby steps’ at all fronts of our respective businesses and count on Government to heed our call for a more comprehensive, long-term approach to reopening the economy by creating more job opportunities, upgrading infrastructure and logistics, and improving the ease and cost of doing business,” AVID President Ma. Fe Perez-Agudo said.


Legend:
  • ANG – Auto Nation Group (Chrysler, Jeep, Dodge, Mercedes-Benz)
  • BBAI – British Bespoke Automobiles, Inc. (Rolls-Royce)
  • BUAI – British United Automobiles, Inc. (Lotus, MINI)
  • DMI – DBPHILS Motorsports, Inc. (Aston Martin)
  • FGPI – Ford Group Philippines, Inc. (Ford)
  • HARI – Hyundai Asia Resources, Inc. (Hyundai)
  • JAIPI – JAC Automobile International Philippines (JAC)
  • LMI – Legado Motors, Inc. (GAC)
  • MIPI – Motor Image Pilipinas, Inc. (Subaru)
  • PGA – PGA Cars, Inc. (Audi, Bentley, Lamborghini, Porsche)
  • SGAP – Sojitz G Auto Philippines (Geely)
  • SMC – Scandinavian Motors Corporation (Volvo)
  • SPI – Suzuki Philippines, Inc. (Suzuki)
  • TAC – Triesenburg Auto Corporation (Kinglong)
  • TCCCI – The Covenant Car Company, Inc. (Chevrolet)

2 comments:

  1. Where's the sales data for MG? Does the TCCCI data includes MG sales or just Chevrolet? Looks like SGAP is placing solidly at the 4th position for AVID.

    Do you have sales breakdown from CAMPI/TMA too?

    ReplyDelete
    Replies
    1. TCCCI data does not include MG. It's only Chevrolet.

      Delete

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