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Showing posts with label AVID. Show all posts
Showing posts with label AVID. Show all posts

January 4, 2015

AVID Members Report 18 Percent Sales Increase for First 11 Months of 2014

Association of Vehicle Importers and Distributors (AVID) registered 18% growth for the first 11 months of the year to 32,878 units. In November, AVID saw its sales up by 9% year-on-year to a total of 2,764 units.  The group’s sustained sales pace was driven by the double-digit growth of the Light Commercial Vehicle (LCV) segment.

December 2, 2014

AVID Car Sales Up 20 Percent in October


The Association of Vehicle Importers and Distributors (AVID), displayed a positive sales performance in October of 3,101 units, up by 20% year-on-year. Sales for the ten-month tally reached 30,114 units, growing by 19%. Both growth in Passenger Car (PC) and Light Commercial Vehicle (LCV) segments contributed to the overall sales of AVID. However, sales for Mini was not reflected in the total reported October sales for AVID.

October 26, 2014

AVID Sales Up 37 Percent in September


The Association of Vehicle Importers and Distributors (AVID), expanded by 37% year-on-year (YoY) in September ending the month with 3,043 units sold.  Exceptional growth was seen in both the Passenger Car (PC) and Light Commercial Vehicle (LCV) segments.

August 22, 2014

AVID's 7-Month Sales Up 15 Percent


For the first seven months of the year, the Association of Vehicle Importers and Distributors (AVID) rallied its sales to a total of 20,938 units, up by 15% compared to the same period last year. July sales notched up by 8% to 3,036 units marked by strong showing from both the Passenger Car (PC) and Light Commercial Vehicle (LCV) segments.

August 3, 2014

AVID Thought Leadership Forum Tackled Opportunities and Challenges of ASEAN Integration in 2015

The Association of Vehicle Importers and Distributors (AVID) opened up a dialogue on the opportunities and challenges posed by the ASEAN integration in 2015 in its fourth Thought Leadership Forum (TLF) which was held at the Asian Institute of Management (AIM) last week.

July 18, 2014

AVID Sales Up 21 Percent in June

In June, the Association of Vehicle Importers and Distributors (AVID) registered total sales of 2,973 units, up by 21% from 2,447 units sold in the same month last year.  This led to first semester growth of 17% or a total of 17,902 units, driven by the marked performance of both the Passenger Cars (PC) and Light Commercial Vehicles (LCV) segments.

June 16, 2014

AVID Sales Surge 23 Percent in May


The Association of Vehicle Importers and Distributors (AVID) racked up sales that totaled 3,217 units in May, reflecting 23% year-on-year growth from the 2,615 units posted in the same month last year.  Enjoying sustained double-digit growth since the start of the year, AVID saw its year-to-date sales up by 16% to a total of 14,929 units.

May 19, 2014

AVID Rallies in April with 16 Percent Growth


With the reignited consumer appetite for cars, the Association of Vehicle Importers and Distributors (AVID) saw its sales climbed to 16% for the month of April to a total of 2,657 units from year-ago levels of 2,293 units. Year-to-date, the group sales racked up to a total of 11,712 units, reflecting a robust 14% growth in sales from comparable period last year.

April 22, 2014

AVID Finishes Q1 with 13 Percent Growth


The Association of Vehicle Importers and Distributors (AVID) saw its sales accelerate by 19% in March to a total of 3,189 units versus February sales of only 2,675 units. The group’s laudable growth for the month was equally boosted by the solid performance from both the Light Commercial Vehicle and Passenger Car segment.

March 19, 2014

AVID Sales Up by 18 Percent as of February

With the entry of new exciting models, the Association of Vehicle Importers and Distributors (AVID) managed to grow its sales by 18% as of February or 5,866 units from 4,963 units in the same period last year.

February 17, 2014

AVID Sales Up 22 Percent in January 2014

The Association of Vehicle Importers and Distributors (AVID) welcomed the New Year with a remarkable 22% increase during the first month of 2014 compared to the inaugural month a year ago.

January’s performance was buoyed by equally impressive showings from Passenger Car (PC) and Light Commercial Vehicle (LCV) segments, with both managing to notch up healthy 22% increases.

September 22, 2013

AVID Quells "Ghost Month"; Sales Up 30 Percent


The Association of Vehicle Importers and Distributors (AVID) performed against the odds in August, growing by an impressive 30% compared to the same month a year ago, ending the period with 2,411 units sold against 1,858 in August of the previous year.

July 23, 2013

LCVs Fuel AVID Sales in June

Strong new offerings coupled with tried and tested segment leaders saw the Association of Vehicle Importers and Distributors’ (AVID) Light Commercial Vehicles (LCV) storm up sales rankings in the first half of 2013.

From January to June of this year, AVID’s LCVs marked an impressive 20% increase over the same period last year, increasing its tally to 7,524 units sold from 6,270 a year ago. Fueling this onslaught were Motor Image Pilipinas, Inc.’s Subaru and The Covenant Car Company, Inc.’s Chevrolet brands with compelling new offerings in the Compact and Mid-Size SUV categories.

The LCV segment’s exemplary first half performance provided a strong cushion in tempering a supply-stricken Passenger Car (PC) category where primary movers Hyundai and Chevrolet both experienced significant losses due to supply-dictated performance as well as strong external competition. As a result, AVID ended the period with a mere 3% decline over the same period a year ago, offsetting the 18% decline by the PC models.

April 5, 2013

Avid Members Headline ICON Expo from Today until Sunday, April 7

Photo by Ulysses Ang
The Association of Vehicle Importers and Distributors (AVID) once again convenes top minds from the government, business, and academe at the third Thought Leadership Forum (TLF) in partnership with the Department of Science and Technology (DOST).

Dubbed ICON (Innovation Congress), this year’s TLF is a milestone for AVID with its powerhouse events--the ICON forum on April 5 and the Innovation in Mobility Expo, which runs April 5-7, 2013 at The ICON on 32nd Avenue cor. 9th St., Bonifacio Global City, Taguig City. Admission to the Congress and Expo is free.

March 26, 2013

Hyundai Motor Creative Design Manager to Speak at ICON


Allow Casey Hyun to inspire your imagination at the upcoming ICON (Innovation Congress), the 3rd Thought Leadership Forum of the Association of Vehicle Importers and Distributors (AVID), in partnership with the Department of Science and Technology (DOST).

As head of Hyundai’s design team, Mr. Hyun is credited for leading the team that developed, refined, and implemented the Fluidic Sculpture design philosophy, the concept that has given Hyundai an identity that sets it apart even at a glance.

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%.

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.

December 6, 2012

AVID and DOST Engage in Iconic Collaboration


The Association of Vehicle Importers and Distributors (AVID), a private, non-stock, non-profit business association pioneered by 11 leading automotive firms representing 20 world-class brands in the Philippines, signed a Memorandum of Agreement (MOA) with the Department of Science and Technology (DOST), the premiere science and technology body in the country, to formalize their partnership in launching the Innovation Congress, dubbed iCON, early in 2013.

November 21, 2012

AVID January-October Sales Up 18%

The period January-October 2012 saw the Association of Vehicle Importers and Distributors, Inc. (AVID) post 18% growth in total sales to 24,004 units from the 20,340 units sold in the same period last year. Said growth can be attributed to strong sales in the Passenger Car (PC) segment, which went up by 29% and in the Light Commercial Vehicles (LCV) sales that grew by 5%. The launch of new models also provided the extra boost in sales, especially in the LCV category.

The positive sales performance was steered by British United Automobiles, Inc. (MINI), The Covenant Car Company, Inc. (Chevrolet) and Hyundai Asia Resources, Inc.’s newly launched models. Each member registered an overall increase of 41%, 23%, and 13% respectively.

October 16, 2012

AVID Posts 20% Growth to Cap 3rd Quarter


The Association of Vehicle Importers and Distributors, Inc. (AVID) announced its January to September sales record of 21,762 units, up by 20% from 18,086 units in the same period last year. Both the Passenger Car (PC) and Light Commercial Vehicle (LCV) categories saw positive growth. In the same period, PC sales maintained a robust pace with 38% growth to 12,931 units sold as opposed to 9,343 units sold. Leading the pack of gainers for this period were British United Automobiles, Inc. (MINI), The Covenant Car Company, Inc. (Chevrolet) and Hyundai Asia Resources, Inc., posting 35%, 26%, and 15% growth respectively. Likewise, the LCV category saw a 1% rise to 8,831 units sold versus 8,743 units sold in the first nine months of 2011.
For the month of September, while total sales fell by 9% year-on-year on the back of supply setbacks in the PC category, LCV sales rose by 31% to 1,005 units sold from 770 units sold on strong consumer demand.