Hyundai Asia Resources, Inc. (HARI) committed to ramping up the adoption of electric vehicles (EVs) in the Philippines at the first Landscape automotive industry briefing of 2019. The forum was organized by HARI and the Association of Vehicle Importers and Distributors (AVID). Alongside Electric Vehicle Association of the Philippines (eVAP) …

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AVID

The Association of Vehicle Importers and Distributors, Inc. (AVID) sold 7,259 units in April 2019, recording its best month so far this year as it grew by 12.1 percent compared to April 2018. For the first time in 2019, year-to-date sales crossed positive territory, slightly increasing to 29,458 units sold …

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AVID

With the automotive industry continuing its recovery, the Association of Vehicle Importers and Distributors, Inc. (AVID) reported 7,952 units sold for March 2019, an 8-percent increase compared to the 7,380 units sold in March last year. This bucks the trend in the first two months of the year which saw …

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The Association of Vehicle Importers and Distributors Inc. (AVID) sold only 6,493 cars in January 2019, compared to 8,696 units in the same month last year, amounting to a 25 percent drop in total sales. The automotive group, which is made up of 17 automotive firms operating in the country, …

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AVID

Due to the confluence of high inflation, rising borrowing costs, soaring oil prices, and tax hikes, the Association of Vehicle Importers and Distributors (AVID) sold 88,700 units, a 17-percent full-year contraction from last year’s 106,285 units sold, with dismal performance across all segments. Accounting for 35 percent of the total …

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AVID

Dampened by the high inflation, interest rate hike, and surge in oil prices, the Association of Vehicle Importers and Distributors (AVID) sales witnessed a slowdown, recording 65,917 units sold, a 13 percent year-to-date decline from last year’s 75,949 units sold. In Q3 2018, the association slipped by 18 percent with …

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AVID

The Association of Vehicle Importers and Distributors’ (AVID) sales momentum waned by 11 percent as it reported 43,138 units sold in the first half of 2018 from 48,344 units sold for the comparable period in 2017. The tempered consumer demand for vehicles cannot be attributed to the Tax Reform for …

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AVID

The Association of Vehicle Importers and Distributors (AVID) sales closed 2017 on a positive note as it recorded sales growth across all comparable periods, propelled by the strong consumer appetite ahead of the Tax Reform for Acceleration and Inclusion (TRAIN) law implementation. AVID sales delivered 106,268 units sold in 2017 …

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AVID

The Association of Vehicle Importers and Distributors (AVID) ended the first half of 2017 with its total sales at 48,348 units–a six percent growth over the same period last year with 45,470 units. The organization’s quarter-on- quarter sales performance was also on an uptick as the second quarter of 2017 …

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AVID

The Association of Vehicle Importers and Distributors (AVID) closed the first three months of 2017 by selling 23,312 units for a 10 percent increase over the 21,160 units sold for the same period last year. For the first quarter of 2017, sales for the Passenger Car segment rose by 21 …

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Multicoloured cars in a parking lot

In an attempt to convince the Department of Trade and Industry (DTI) to lower the tax rate and ceiling on the impending tax hike set to be implemented in 2018, car brands, dealerships and associations banded together and came up with a counterproposal that justifies their stand. According to the …

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