The Association of Vehicle Importers and Distributors, Inc. (AVID) ended February 2021 with a 3% increase in sales or 5,401, in comparison with its January 2021 figures which equated at 5,262. Year-to-date sales, on the other hand, slumped by 10.3% with 10,663 units versus the 11,890 units reported in the same period last year, specifically before the pandemic struck.
Going more in depth, passenger car sales presented a 12% increase, with a total of 1,518 vehicles sold. Those numbers appear to be higher than the January 2021 figures, which equate to 1,350 units sold. As for the year-to-date numbers, figures dropped by 19%, specifically from 3,540 units sold in 2020 to 2,868 units in 2021.
Suzuki sits as the top performer of the group, with the Japanese automaker garnering a total of 1,334 units sold. Followed by Hyundai, with the brand having sold 1,095 units since the start of the year.
As for the light commercial vehicle segment, “AVID recorded a 9% dip from 8,264 units sold in February 2020 to 7,522 units sold in 2021. In February alone, sales slightly dipped by 2% with 3,728 units sold versus the 3,794 units sold in January.” Ford continues to lead the segment, with the blue oval badge garnering a total of 3,228 units sold. Suzuki, on the other hand, stands in second place, having sold 1,735 units. Third place goes to Hyundai with 1,322 units sold.
As for the commercial vehicle segment, South Korean automaker Hyundai reported a significant growth of 217%, and year-to-date with 273 units sold in 2021. This is indeed higher compared with the 86 units sold in 2020. Now, in February alone, sales rose by 31% with 155 units sold versus the 118 units sold the previous month.