AVID reports 26 percent Year-To-Date sales increase

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

AVID President expects to finish 2021 on a strong note.

The Association of Vehicle Importers and Distributors, Inc. (AVID) is looking to close out this year strong as it is showing improvements for its year-to-date (YTD) sales as of September. It was able to sell a total of 43,957 units for the first nine months of 2021, which is 26 percent more than the last year at 34,980 units sold.

Hyundai Modern Jeepney turnover

Hyundai's shows its support for the PUVMP

AVID’s September sales also bounced back by 26 percent over the 19 percent dip in August sales. Now that the quarantine restrictions are easing up due to decreasing COVID-19 cases, AVID President Ma. Fe Perez-Agudo believes that an increase in sales can be expected.

“We have weathered the volatile market conditions of the third quarter. With improving health conditions and a more stable outlook, AVID is optimistic and driven to wind up this last quarter on a strong note,” said AVID President Ma. Fe Perez-Agudo.

Contributing heavily to the 26 percent of YTD is the Commercial Vehicle (CV) segment with a whopping 311 percent improvement. Hyundai Trucks and Buses leads this segment, capturing 98 percent of total AVID CV Sales. One of the reasons for the Korean automaker’s success is its support for the government’s Public Vehicle Modernization Program (PUVMP).

Ford Ranger front view

The Ford Ranger is consistently the American automaker's best-selling model

Hyundai Trucks and Buses rolled out its modern PUVs to various areas of the country including Pangasinan, Cavite, and Tarlac, with Tacloban City as the latest recipient. The car brand’s modern PUVs offer safe and convenient features such as roof-mounted air-conditioning, onboard Wi-Fi, Auto Fare Collection System (AFCS), among others.

Meanwhile, the Light Commercial Vehicle (LCV) segment gets a 37 percent YTD improvement from 23,007 units in 2020 to 31,444 units in 2021. Ford Philippines is the top contributor for this segment with its Ranger midsize pickup truck. The Blue Oval company managed to sell 13,258 units for the first nine months of 2021.

Suzuki Swift front view

Suzuki now takes the third spot in the overall sales after finishing fifth last year

Lastly, the Passenger Vehicle (PC) segment provides somewhat a steady number. This segment posted 11,596 units sold YTD, which is one percent less than last year’s numbers at 11,750 units. Thanks to Suzuki Philippines’ compact and relatively affordable pricing, the Japanese car brand came at the top with 5,768 units.

Check out the most recent sales reports in the local auto market in Philkotse’s News section.

Know more about Suzuki Swift 2021

Suzuki Swift

The Swift is the Japanese small-car expert Suzuki's entry into the growing demand for a reliable subcompact hatchbacks. For the Philippine market, the Suzuki Swift 2021 has two variants; the Swift .1.2 MT, and the Swift 1.2 CVT. They then come with a price of Php 755,000 and Php 819,000 respectively. 

Powering the Philippine-spec Suzuki Swift is a 1.2-liter inline-4 gasoline engine. This four-banger can make up to 82 horsepower and 113 Nm of torque. The said engine is then paired with a five-speed manual gearbox or a continously variable transmission (CVT). Power is then sent to its front wheels.

Locally, the Swift competes against the likes ofthe Toyota Wigo, Mitsubishi Mirage, Honda Brio, Kia Picanto, and the Mazda2 Hatchback.

From ₱755,000

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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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