AVID reports industry figures to give an idea on the performance of several segments in the industry.
AVID closed 2018 with a 17% drop in overall sales, where all segments suffered from notable economic changes.
AVID blames the continuous sales downslide to the blowing up inflation rate and fuel price hike.
The Association of Vehicle importers and Distributors, Inc. reports decline for the first half of 2018, pointing fingers to TRAIN Law and expensive fuel.
Hyundai PH remains unbothered though.
The Philippine automotive industry is booming, with the Association of Vehicle Importers and Distributors (AVID) reporting a 10% quarter sales growth compared to Q1 2016.
The Philippine automotive continues to go strong as it ends the year with a total of 417,356 vehicles sold – as reported by AVID, CAMPI, and TMA.
According to the Association of Vehicle Importers and Distributors (AVID), sales of its members experienced a massive 151% growth year-over-year for Q1 2016. Their year-to-date sales from Ja...
General Motors, home to brands like Chevrolet, Cadillac, Buick, and GMC, has recently celebrated its 500 million vehicle milestone in over 106 years of manufacturing cars and trucks globally...