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Imported vehicle sales rise 12% in April — AVID
THE Association of Vehicle Importers and Distributors, Inc. (AVID) posted a 12% rise in sales of imported vehicles in April, driven by demand for light commercial vehicles and passenger cars.
AVID sales grow by 8% in March
THE Association of Vehicle Importers and Distributors, Inc. (AVID) reported sales rose 8% in March, signaling a “modest recovery” after the decline recorded in the first two months of the year.
Imported auto sales slip 18% in Q3 — AVID
SALES of imported vehicles in the third quarter dropped by nearly a fifth from a year ago, weighed by soaring fuel prices, high inflation and interest rate hikes, according to the Association of Vehicle Importers and Distributors, Inc. (AVID).
February vehicle sales decline on new excise tax regime
Automotive sales contracted in February, as the new tax regime that raised excise taxes on vehicles began to bite particularly the passenger car segment. Sales...
A demand for the big and powerful
Buying a car is considered a major decision that involves careful choosing from a plethora of auto types available in the market. Practicality, versatility,...
On upward trajectory
The government has long considered the automotive industry as one of the key drivers of the country’s economy. In the past years, the industry...
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