There certainly are years that are better than others, but no other year in recent memory is as universally challenging as 2020. Sure, there were some opportunities this year and a number of reasons to remain optimistic, but to say this year is challenging is an understatement. The ongoing COVID-19 pandemic has certainly affected every facet of our lives, and this includes the automotive industry and how it’s going through amid a challenging time.
Based on the automotive sales data from the Association of Vehicle Importers and Distributors (AVID), the group sold 6,120 units in October, which is a nine percent increase versus September sales figures. On the other hand, the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and Truck Manufacturers Association (TMA) sold 25,023 units in October, which is a two percent increase versus their September sales figures.
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