AVID reports vehicle sales in August went down by 19 percent

Updated Sep 21, 2021 | Same topic: Automotive Industry Updates

The lockdown is the main cause of the sales dip.

The Association of Vehicle Importers and Distributors, Inc. (AVID) reported that August 2021 sales went down by 19 percent as compared to the previous month.

Suzuki S-Presso front shot

Suzuki tops the Passenger Cars segment

Based on the report, AVID managed to sell 3,919 units for August. This is 19 percent lower than its July sales which garnered a total of 4,862 units sold. Moreover, the August sales are lower by 18 percent than the same month last year at 4,753 units.

Due to the rising Delta COVID-19 variant in the country, the strict lockdown is the primary factor why AVID believes its sales went down in August. But despite the disruption caused by the global health crisis, AVID assured that the Philippines automotive industry remains on track toward recovery.

Suzuki Jimny front view

The Japanese automaker is showing significant improvements since the start of 2021

The Passenger Cars (PC) segment got a minimal year-to-date (YTD) growth at four percent from 9,758 units sold in 2020 to 10,164 units this year. Suzuki is at the top of this segment with 5,080 units sold, with Hyundai trailing at 3,300 units sold.

Meanwhile, the Light Commercial Vehicles (LCV) segment posted a 72 percent market share of the total industry sales as per AVID’s report, making it the best-selling segment recorded this year. The following car brands are the top contributors for the said segment’s feat:

Ford – 11,639 units sold

Suzuki – 7,874 units sold

Hyundai – 3,420 units sold

Lastly, the Commercial Vehicles (CV) segment boasts a 362 percent (YTD) growth, with Hyundai leading the segment with 99.7 percent of total CV sales. The Korean car brand’s support for the Public Utility Vehicles Modernization Program (PUVMP) boosted its CV sales. Some of its recent expansion efforts include Tacloban City and San Jose Del Monte, Bulacan.

Hyundai modernization program

Hyundai supports the government

“The entire industry hit a pothole in August due to the necessary health restrictions. Despite this, we at AVID choose to be optimistic as we approach the final stretch of the year,” said AVID President Ma. Fe Perez-Agudo.

On the other hand, the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and Truck Manufacturer Association (TMA) reported that the Philippine automotive market sales went down by 26.3 percent in August as compared to July. Toyota Motor Philippines (TMP) remains to be best-selling brand this year with 82,389 units sold.

Catch the latest auto sales reports at Phil Kotse.

Know more about Suzuki Ciaz 2021

Suzuki Ciaz

Japanese automotive stalwart Suzuki Philippines’ entry to the subcompact sedan category is the Ciaz. It is meant to compete with the likes of the Honda City, Nissan Almera, and the Toyota Vios. Aside from its modern, elegant styling and tons of safety features, the selling point of the Suzuki Ciaz is its spacious cabin considered to be the best in its class. Expect the utmost comfort inside provided by its roomy head and legroom. With its growing demand in Latin America, Africa, and some parts of Asia, expect this model to grace every road soon. As of the 2021 facelift, the sole variant for the Philippine market is the Ciaz 1.4-liter GL MT.

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Rex Sanchez

Rex Sanchez

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Rex Sanchez grew up in Saudi Arabia where he saw and got into the automotive scene. He started his career for an aviation company in the said region, writing about turbines and rotors which are later distributed for educational purposes. And now, he joined Philkotse.com as a staff writer. Currently, he is the youngest on the team and is more than ready to grow in the field.

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