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MANILA - Vehicle importers are becoming more optimistic towards the end of the year as sales of outsourced cars increased in September. The Association of Vehicle Importers and Distributors (AVID) on Wednesday reported that sales last month grew 26 percent to 4,946 units from 3,919 units sold in August this year. This, as the government eased community quarantine restrictions after placing Metro Manila under enhanced community quarantine in early August. Year-to-date sales of the industry group likewise increased by 26 percent to 43,957 units in January to September 2021 from 34,980 unit sales in the same period last year. "We have weathered the volatile market conditions of the third quarter," AVID president Ma. Fe Perez-Agudo said in a statement. Although sales of passenger cars slipped by 1 percent year-to-date to 11,596 units, this was offset by the light commercial vehicle segment selling a total of 31,444 units in the first nine months of the year. Commercial vehicle sa ....

Metro Manila , Philippines General , Fe Perez Agudo , Association Of Vehicle Importers , Vehicle Importers , Manila Vehicle Importers Are Becoming More Optimistic Towards The End Of Year As Sales Outsourced Cars Increased In September Association And Distributors Avid On Wednesday Reported That Last Month Grew 26 Percent To 4 , 946 Units From 3 , 919 Units Sold In August This Year , S The Government Eased Community Quarantine Restrictions After Placing Metro Manila Under Enhanced In Early August Year To Date Sales Of Industry Group Likewise Increased By 26 Percent 43 , 957 Units In January To September 2021 From 34 , 980 Unit Sales In The Same Period Last Year Quot We Have Weathered Volatile Market Conditions Of Third Quarter , Uot Avid President Ma Fe Perez Agudo Said Ina Statement Although Sales Of Passenger Cars Slipped By 1 Percent Year To Date 11 , 596 Units , His Was Offset By The Light Commercial Vehicle Segment Sellinga Total Of 31 , 444 Units In The First Nine Months Of Year Commercial Vehicle Sales Also Rose 311 Percent To 917 This From 223 2020 Quot With Improving Health Conditions Anda More Stable Outlook , Vid Is Optimistic And Driven To Wind Up This Last Quarter Ona Strong Note , Uot Perez Agudo Added The Local Automotive Industry Aims To Sell 295 , 000 Units This Year , Omprising Sales Of Local Assemblers And Importers Pna ,