Local automotive importers said they have set their sights on accelerating their sales this year after they posted a double-digit growth and sold over 58,000 units in 2021, noting that mobility is crucial as the economy reopens. In a report on Monday, the Association of Vehicle Importers and Distributors (AVID)…
Motor vehicle sales by an all-importers group - Association of Vehicle Importers and Distributors, Inc. (AVID) - grew 14 percent in 2021, with Ford Group Philippines Inc.(FGPI) and Suzuki Philippines Inc. besting 10 other brands in the group. Based on the AVID data, the group sold 58,916 units ver