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MANILA – A group of car importers said sales last month slowed amid the heavy monsoon rains.
In a statement, the Association of Vehicle Importers and Distributors Inc. on Thursday said its six member-companies sold a combined 1,858 vehicles in August, 16.2 percent lower than the 2,218 units sold in July.
Hyundai Asia Resources Inc. cornered bulk of the group’s sales at 1,454 units; followed by Chevrolet distributor The Covenant Car Company Inc. with 165 units; and Subaru distributor Motor Image Pilipinas Inc., 160.
CATS Motors, which distributes Chrysler, Dodge, Jeep, and Mercedes-Benz in the Philippines, sold 52; Volvo distributor Scandinavian Motors, 14; and Mini Cooper distributor British United Automobiles Inc., 13.
Despite the month-on-month decline, year-on-year sales inched up 1.8-percent from 1,825 in 2011.
Last August’s sales brought the eight-month tally to 19,875 units, up by almost a fifth from the 16,020 sold in the same period last year.
Passenger cars remained the importers’ growth driver, as year-to-date sales zoomed 50 percent to 12,049 units from 8,047 last year.
AVID said it is optimistic of higher sales in the so-called ‘Ber’ months.
“We expect the demand for AVID members’ best-selling (cars) to accelerate our sales performance, now that the traditional season for OFW remittances begins—a trend that we expect to remain for the rest of the year,’ AVID president Maria Fe Perez-Agudo said.
“With our beefed-up portfolio of products and services, AVID is more than ready to respond to the ever-growing clamor for our products,” she added.
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