LIFESTYLE ON WHEELS – CarSide
An increase in sales from the 1,239 units sold in the previous month, The Association of Vehicle Importers and Distributors, Inc. (AVID) is bounced back after the pandemic incident. Factors may still affect the performance but AVID is positive that the demand is growing and will be on the performing level anytime soon.
“They say, breakdowns lead to breakthroughs and we are seeing more and more innovations in the industry, highlighted by quick, efficient, and ‘contact-less’ services that allow us to adapt and create a ‘better normal’ for our industry. Ultimately, these changes will be good for our customers, giving them more value for every peso spent,” Ms. Agudo added.
21 member companies representing 26 global brands have experienced closing down dealerships and drop of sales by 54.8% for the first half of this year. Restructuring and reorganization for better allowed AVID members to quickly restart in the second half of May to serve the customer’s needs.
“This is not the industry’s first crisis but it is surely the most challenging. We can’t face it alone, so we are closely working with Government and other stakeholders to help contain this pandemic while gradually reviving the industry in a safe and sustainable manner. Mobility is key to driving the economy forward and a stronger AVID, within and beyond this pandemic, will definitely play a key role,”
– Ms. Agudo, AVID President
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Article: Alex A. Source: AVID Production: J AD Media
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