AVID Nine-Month Sales Posts 77% Growth - Industry News
142 views · Published 10 November 2016 · 1:25 · Indexed 8 November 2026
Channel: Auto Focus · 2016 · Autos & Vehicles
The Association of Vehicle Importers and Distributors or AVID (ah-vid) maintains an upward trend as it posted 77% nine-month sales growth. Meanwhile, AVID’s sales in third quarter alone is likewise strong, reporting a 27% uplift in units sold from year ago. The Passenger Car segment jumped by 69% to 26,429 units for the first nine months of the year versus the units sold recorded a year ago. For third quarter results, Passenger Car segment maintains its double-digit growth of 40%, with Hyundai Asia Resources, Inc. leading the pack at 53% growth. Light Commercial Vehicles, meanwhile, outpaced Passenger Car sales growth as units sold surged to 82% during the first nine months of 2016. All in all, the segment totaled a volume of 42,317 units sold. Within key players, Ford is deemed as the best-selling nameplate, growing significantly at a triple-digit rate, 172% as of the first nine months of 2016 versus last year.
More from this channel
-
8:14
Auto Focus Head 2 Head Toyota Camry vs Peugeot 508 2013
-
6:52
Auto Focus Special Feature Rolls Royce Launch 2013
-
7:49
Auto Focus Special Feature Volkswagen Launch 2013
-
10:06
Auto Focus Special Feature Lexus IS 350 Test Drive 2013
-
10:08
Auto Focus Special Feature Hyundai Santa Fe Test Drive Siargao 2013
-
6:31
Auto Focus Customized Models Mitsubishi Evolution IX MR
-
8:07
Auto Focus Production Models BMW X1 2013
-
4:35
Auto Focus STV ARCC 2013 1st leg part 1