Sales of imported cars recover slightly 0 SHARES Share it! According to AVID, sales in April reached 7,259 units from 6,476 units in April last year. But the weak passenger car sales did not stop the total sales to grow following a modest 5 percent improvement in light commercial vehicle sales and 2 percent growth in total commercial vehicle sales. The LCV or the sports utility vehicle segment accounts for roughly two-thirds of AVID’s total vehicle sales, led by Ford (40%), Hyundai (29%), and Suzuki (22%). “Overall, we are optimistic that as macroeconomic fundamentals improve, industry sales will only get better.

Source: Manila Bulletin May 23, 2019 13:52 UTC