It could be recalled that the first enhanced community quarantine (ECQ) took effect on March 16, 2020.
Naturally, all industry segments posted positive in April compared to April 2020 sales. Commercial vehicles contributed 12,273 units with light commercial vehicles (LCVs) generating the most number of sales with 9,546 units, while the passenger segment sold 5,570 units.
However, when compared to the previous month, March, the April performance, including all market segments, was still all in the red territory.
What is more important though is the year to date figure where automotive sales, in all segments, posted high double-digit growth.
In the first four months this year, motor vehicle sales grew 36.3 percent to 88,155 units from 64,675 units in the same period last year.
Of this figure, sales in the passenger car segment jumped 54 percent 27,425 units versus 17,812 units in the same first four months of 2020.
The commercial vehicle segment grew 29.6 percent with total sales of 60,730 units as against 46,863 units in the same period last year.
All other categories posted positive growth led by large trucks (Category V) with 79.3 percent growth for selling 434 units from only 242 in the January-April last year.
Sales of Asian utility vehicles also grow 33.5 percent to 11,747 units from 8,799 units last year while the LCVs or the sports utility vehicles sold 45,976 units from 35,986 units last year.
Light trucks (pick-up) sales grew 38.4 percent o 1,546 units from 1,117 units, while trucks and buses (Category IV) went up 42.8 percent to 1,027 units from 719 units sold in the first four months last year.
Credit belongs to : www.mb.com.ph