The Association of Vehicle Importers and Distributors (AVID) registered a 103-percent sales growth by posting 45,420 unit sales in the first half of 2016, up from 22,371 units in same period of 2015. The second quarter 2016 sales alone expanded by 74 percent with 24,260 units compared to 13,296 units of the previous year.

Passenger car (PC) sales reached 16,618 units for an 87-percent rise from the 8,876 units recorded in the first semester of 2015. Second quarter PC sales was even more phenomenal as the group recorded a 93-percent growth primarily driven by Hyundai with 6,021 units sold.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details