Articles about Avid

At this rate, the industry could surpass last year’s total sales
The association just recorded a 19% month-on-month dip
It seems the local automotive industry took a significant hit last month. According to the Association of Vehicle Importers and Distributors (AVID), sales in August dipped further by 19% after seeing a 2% decline in July.There were only 3,919 units
A slight setback in the industry’s recovery
July sales numbers from the Association of Vehicle Importers and Distributors (AVID) are in, and while the report shows a slight decline for both year-on-year and month-on-month performance, total sales so far in 2021 are a big improvement
Keep on climbing
Don't let these sales numbers fool you-the country has a long way to go before we can move on from the COVID-19 pandemic. This is a sign, though, that the local auto industry is slowly but surely on the
What do you think of the commission’s findings?
Good news for local car importers: The Philippine Tariff Commission has just concluded its investigation into the Department of Trade and Industry's (DTI) safeguards on imported motor vehicles and is recommending that the measure should not be implemented.The DTI began
Did you buy a car recently?
A few days ago, the latest Chamber of Automotive Manufacturers of the Philippines (CAMPI) sales numbers came in showing a 23.6% month-on-month growth for member brands in the month of May 2021. Now, Association of Vehicle Importers and Distributors (
On a year-on-year basis
Local car manufacturers continue to struggle to move units under the new normal, but cumulative sales over the first quarter of 2021 have managed to surpass numbers from the same period the year prior.According to the latest Chamber of Automotive Manufacturers
Uh oh
The Department of Trade and Industry (DTI) isn't done tinkering with its imposition of safeguard duties on car imports just yet.The government agency has further narrowed down its list of countries exempted from its provisional safeguard duties on passenger cars
Car sales took a big hit last year
Did you happen to buy a car last year? If yes, then a good pat on the back is in order, because you helped keep the local auto industry afloat during arguably the harshest downturn it's ever faced.According to data
See how the world of motoring has fared in the first few days of 2021
Likens move to ‘pulling the rug from under the auto sector’
Yesterday, the Department of Trade and Industry (DTI) announced the implementation of provisional safeguard duties on car imports in the Philippines. The measure comes in the form of cash bonds amounting to P70,000 per unit for passenger cars, and P110,000
The local auto industry’s recovery continues
By the end of the third quarter of 2020, data showed that the local automotive industry was already seeing some improvements in terms of sales. Now, a month into the last quarter of the year, it seems that the industry's recovery
Did you buy a car this year?
The numbers are in, and so far, things haven't been good as far as local car sales go. But there seems to be light at the end of the tunnel.According to data provided by the Chamber of Automotive Manufacturers of
It’s been a rough couple of months
If you want to get an idea of just how well the local auto industry is doing during the COVID-19 pandemic, you needn't look much further than its most successful player.We've just gotten our best look at Toyota
The new ruling will ease vehicle imports and exports in the region
The Philippine automobile industry is embracing a landmark agreement by members of the Association of Southeast Asian Nations (ASEAN) that eases testing regulations on automotive products in the region.In a statement released to Esquire Philippines, the Chamber of Automotive Manufacturers Association
“The local industry is reeling from this invisible enemy”
The past few months haven't been a good look for the local automotive industry.According to the latest sales data from the Association of Vehicle Importers and Distributors (AVID), its 20 members sold only 14,404 units in the first quarter
Not a good look for the industry
The local automotive industry is off to a rough start for 2020.According to figures collected by the Association of Vehicle Importers and Distributors (AVID), sales across all segments-passenger cars, light commercial vehicles (LCV), and commercial vehicles-are down in January
How is your car brand doing this year?
The Chamber of Automotive Manufacturers of the Philippines (CAMPI) numbers for the first half of 2019 are in...and it's a mixed bag.Industry sales are up by 1.46% compared to the same period in 2018, but a few segments
No surprises here
To confirm what we all saw coming, fewer people are buying new cars this year versus in 2017, due to higher excise taxes, rising inflation, and increasing fuel prices.As of June 2018, Philippine vehicle sales have hit an industry total of
Probably fueled by excise tax fears
If local carmakers are apprehensive about the possible excise tax increase, they must get a little comfort in the fact that they're raking it in now.According to the combined reports of the Association of Vehicle Importers and Distributors (AVID) and
It depends on who you ask
Unless you've been living under a rock, you should be aware that there is an ongoing proposal to increase the excise taxes on cars sold in the Philippines. We've already shared with you how this proposal could affect vehicle prices.
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