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August Imported Vehicle sales in PH Down 7%

Monthly sales of Association of Vehicle Importers and Distributors (AVID) went down by 7 percent in August compared to July of 2020. The decline in sales is attributed to the implementation of stricter lockdown measures in Metro Manila, and four other nearby provinces last month. Sales went down from 5,100 unit sales in July to […].....»»

Category: sportsSource: abscbn abscbnSep 18th, 2020

Imported car dealers posted higher sales in 3rd quarter

A group of vehicle importers and distributors said Wednesday third-quarter sales jumped 212 percent to 15,471 units from 4,955 units sold in the second quarter, or during the peak of the quarantine restrictions......»»

Category: financeSource:  thestandardRelated NewsOct 15th, 2020

Trade deficit dips to $14.61 B in 8 months

The country’s trade deficit dropped in August as imports slowed at much faster pace than exports, data from the Philippine Statistics Authority (PSA) showed. The gap in the trade balance, which is the difference between the value of export and import, reached $2.07 billion in August, lower by 31 percent from $3 billion in the same month last year. The August performance brought the country’s first eight-month trade deficit to $14.61 billion, lower by 46 percent compared with P27.07 billion in same period last year. Meanwhile, total export sales in declined anew, marking its sixth consecutive month of negative growth, to $5.1 billion from $6.3 billion last year. Of the top 10 major exports of the country, eight posted an annual declines, with gold (-31.3 percent); electronic products (-20.1 percent); and fresh bananas (-19.4 percent). Despite the double-digit decline, electronic products remained the country’s top export with $2.93 billion, accounting for 57.1 percent of the total. It was followed by other manufactured goods with $267.14 million, and other mineral products with $218.65 million. Exports to Japan comprised the highest value at $887.38 million, or 17.3 percent of the total, followed by the United States with $751.68 million, People’s Republic of China with $732.57 million, Hong Kong with $724.27 million and Singapore with $330.67 million. In January to August, the total export earnings amounted to $39.29 billion, down by 16.6 percent from $41.3 billion in the same period in 2019. For 16th straight month in August, the country’s imports remained at the downtrend, registering  an annual decline of 22.67 percent to $7.2 billion from $9.31 billion a year ago. All major imports of the country contracted during the month. The fastest deceleration was in transport equipment (-50.5 percent), mineral fuels, lubricants and related materials (-47.7 percent); and miscellaneous manufactured articles (-28.3 percent). In August, China was the country’s biggest supplier of imported goods at $1.82 billion, followed by Japan with $623.69 million, US at $517.77 million, Singapore at $495.11 million, and South Korea at $493.11 million. At end-August, the total imports reached $53.9 billion, down by 27 percent compared with P74.2 billion in the same period last year......»»

Category: newsSource:  mb.com.phRelated NewsOct 9th, 2020

Sales of imported cars jumped 198% in June

The Association of Vehicle Importers and Distributors Inc. said sales increased to 3,697 units in June this year, a month-on-month improvement of 198 percent over May sales of 1,239 units......»»

Category: financeSource:  thestandardRelated NewsJul 15th, 2020

AVID: Car sales down 34% in Q1

Sales of imported vehicles dropped by 34 percent in the first quarter of the year amid the lockdown to contain the spread of the coronavirus disease 2019 (Covid-19) in the country, the Association of Vehicle Importers and Distributors Inc. (AVID) said on Tuesday. In a statement, the car group said the number of vehicles sold […].....»»

Category: newsSource:  manilatimes_netRelated NewsApr 28th, 2020

Imported vehicle sales fell 34% in first quarter

Sales of a group of vehicle importers plunged 34.4 percent in the first quarter to 14,404 units from a year ago amid the Luzon lockdown designed to control the spread of the coronavirus disease 2019 pandemic......»»

Category: financeSource:  thestandardRelated NewsApr 28th, 2020

Imported vehicle sales plunge 16% in January

Sales of imported vehicles dropped 16 percent year-on-year in January as Taal Volcano’s eruption and the COVID-19 outbreak affected operations of importers and dampened consumer demand......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2020

Imported car sales fell 16% in January

The Association of Vehicle Importers and Distributors Inc. said vehicle sales fell 16 percent to 5,433 units in January from a year ago. .....»»

Category: financeSource:  thestandardRelated NewsMar 5th, 2020

Sales of imported vehicles nearly flat in 2019

Sales of imported vehicles fell by 0.5 percent in 2019, driven by lower demand in the passenger cars and light commercial vehicle segments, the Association of Vehicle Importers and Distributors Inc. said......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2020

Sales of imported vehicles nearly flat

Sales of member of the Association of Vehicle Importers and Distributors Inc. dropped slightly in 2019 to 87,984 units from 88,430 units in 2018......»»

Category: financeSource:  thestandardRelated NewsJan 28th, 2020

Imported vehicle sales inch up in 1st half of 2019

SALES of imported vehicles picked up in the first half, thanks to improved demand for passenger cars and commercial vehicles during the second quarter, according to the Association of Vehicle Importers and Distributors, Inc. (AVID).....»»

Category: financeSource:  bworldonlineRelated NewsJul 15th, 2019

Imported vehicle sales surge in April

Vehicle importers remain optimistic of an industry recovery in 2019 as their combined sales have crossed positive territory for the first time this year, indicating improving consumer demand......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2019

Imported vehicle sales rise 12% in April — AVID

THE Association of Vehicle Importers and Distributors, Inc. (AVID) posted a 12% rise in sales of imported vehicles in April, driven by demand for light commercial vehicles and passenger cars......»»

Category: newsSource:  bworldonlineRelated NewsMay 23rd, 2019

Motor vehicles sales surge 40% in August

Motor vehicle sales in August jumped 40 percent to 32,472 units from 23,181 units in the same month last year, bringing year-to-date automotive sales to 229,919 units, a joint-report released by the Chamber of Automotive Manufacturers of the Philippines, .....»»

Category: newsSource:  mb.com.phRelated NewsSep 8th, 2016

Semiconductor firms lose $4b in sales due to rigid lockdowns

The Semiconductor and Electronics Industries in the Philippines Inc. said Tuesday the industry suffered $4 billion in losses during the peak of the community quarantine period from March to August, when the government moved contain the spread of COVID-19......»»

Category: financeSource:  thestandardRelated NewsOct 13th, 2020

Car, motorcycle industries continue to languish

Local production and sales of motor vehicles and motorcycles were down from January to August compared to last year’s performance as demand continued to languish due to the pandemic......»»

Category: financeSource:  philstarRelated NewsOct 4th, 2020

Mitsubishi L300 van sales up 35%

With the growing need for delivery and other logistical requirements, sales of the Mitsubishi L300 utility van accelerated by 35 percent in August alone......»»

Category: financeSource:  philstarRelated NewsSep 25th, 2020

Auto sales decreased 39.5% to 17,906 units in August

Automotive sales fell 39.5 percent in August to 17,906 units from 29,599 units a year ago amid weak consumer confidence, two industry groups said Monday......»»

Category: financeSource:  thestandardRelated NewsSep 15th, 2020

Behind the Scenes: The Heroes of ABS-CBN Sports

While the general public sees or hears the finished product on-air or online, most do not witness or appreciate those who worked tirelessly behind the scenes at ABS-CBN Sports. There’s an African proverb that says it takes a village to raise a child. Well, it took almost exactly that to make ABS-CBN Sports work. As we commemorate National Heroes Day in the country on the final day of ABS-CBN Sports, it is only fitting to acknowledge and thank those behind-the-scenes heroes who have been part of the amazing journey (DISCLAIMER: I may have left out some names, but it is purely unintentional so my apologies). Thank you, first and foremost, to our Chairman Emeritus Gabby Lopez, whose passion and love for sports led to the initiative that is ABS-CBN Sports. Thank you to our former President and CEO, Charo Santos-Concio, our current President and CEO, Carlo Katigbak, a true tennis fan, and our Chairman Mark Lopez, who showed us composure, class and grace as leaders.  Thank you to our beloved COO, Cory Vidanes, who allowed ABS-CBN Sports to reach a broader audience when it aired special events on Channel 2 as well as feature athletes and sports personalities on entertainment programs.   Thank you to the voice of ABS-CBN and former ABS-CBN Sports head, Peter Musngi, for leading the division during its early years. Thank you to Narrowcast head, Antonio “March” Ventosa, as well as his executive assistant, Trina Magallanes, for helping us navigate during the transtition period of ABS-CBN Sports.   Thank you to the captain of our ship, ABS-CBN Integrated Sports head, Dino Laurena, who inspired us to work harder and better to serve our audience.  Thank you to Sir Dino’s gatekeeper, his executive assistant, Donna Seat, who was our bridge whenever we needed to reach out to the boss. Thank you to S+A channel head and production head, Vince Rodriguez, LIGA channel head, Jojo Neri-Estacio and Business Unit Head, Jun Martinez. They were our constant guides who enabled us to provide quality content on broadcast despite immense internal and external pressure.  Thank you to the people who made sure we never went beyond our budget and reached our targets – our Finance team made up of Berg Capiz, Jem Castro and Lorna Gendrano. Thank you to our S+A On-Air team of Rommel Noviza, Janice Rulloda, Princess Basye, Biboy Diga, Mark Marinay, Arnold Saclolo, Borge Raval and Hans Espiritu as well as our Liga Channel team of  Anna Santos, Francis Patawaran, Aprille Signo and Joramie Roque, for ensuring everything airs on time.  Thank you to our Digital Head, Mico Halili, for his innovative and fresh ideas on the digitial space.   Thank you to the men and women who made our broadcast coverage as close to flawless – our Production Manager, Jennifer Jimenez, our directors, which include THE Abet Ramos, Al Neri, Raul de Ocampo and Rommel Pedrealba, and our technical directors made up of Elmond Salvahan, Jhonnald Garcia, Marvin Chavez, Bingbong Pangan, Arnold Bulaong and Joseph Vega. Thank you to the men and women who made sure our partner properties were happy with our coverage, and that everything was in place for each and every game or show we put out there – our Executive and Associate Producers Vic Caridad, Malou Neri, Ada Bayuga, Diana Sayson, Oxy del Rosario, Mae Mañalac, Aries Galot, Apples Dela Vega, Kristina Manzana, Roy Briones, Ledz Cahinhinan, JC Gonzales, Gab Gonzales and Manny Gabutina.  Thank you to those who crafted and produced memorable segments – our segment producers Eva Evangelista, Carlo Grajo, Cha Lucero, Mark Morados, Jeff Sta. Maria, Jet Montebon, Sharon Muli, Alex Brocoy, Mika Barrios, Bill Barrinuevo and Volta delos Santos as well as our video editors Pido Cruz and Fonz Fajatin. Thank you to those who put the right words into play – our writers Monica Magpantay, Paul Loyola, Jigs Guardiano, Adrian Dy, Sheiden Dela Cruz, Ken Natividad, Syjin Reyes and Migs Gomez. Thank you to those who gave the right cues to our anchors, analysts and courtside reporters – our panel director Larry "Care Mo Naman" Deang, our floor directors Miky "Gandara" Mirabueno, Lyanne Ocampo-Tan and Fritz Dizon. Thank you to the people who made sure that the right moments were captured – our Camera Control Unit made up of George Austria, Joel Supremo and Edgar Guarte, our Cameramen Lloyd Villamor, Rovic Pacis, Gerald "Superman" Fermin, Ron Fermin, Ronald Mangcoy, Michael Pico, Emman Andes, Butch Pineda and Mark Nicolas. Thank you to those who made sure we heard the sounds and voices loud and clear – our audio engineers Elias Javier, Ramil Ciruano, Albert Agbay, Jancel Abobo as well as our audiomen Joseph Nicolas and Ameng Atienza. Thank you to the guys who allowed us to get another look at the action – our EVS/Slomo Operators Joejay Abarquez, Raymond Biojon and Dido Batallion and VTR men Christian Abarquez, Kenneth Abarquez and Oliver Sañez. Thank you to the people responsible for making things more visible on our screens –our Electrician/Lighting Directors Alvin Saavedra and Jorge Paraon and our lightman Calvin Liong. Thank you to those who create those cool graphics and effects that catch our attention during games and shows - our Graphic Artists/Operators Jam Memdoza, Denice Ylagan, Erol Corpuz, Sara Concepcion, Jeff Jugueta and Kevin Camero. Thank you to the team who put the little things in order – our set-up assistants Jerald Testor, Ivan Castillo, Ferdie Mangaong, Remus Taniengra, Daniel Dimaculangan, Eduardo Dacumos, Ryan Ancheta, Allan Porsioncula, Laurence Sosa, Illac Alvarez, Benjo Asiatico, Manny Cajayon, Lepoldo Bofill, Victor Taniegra, Caleb Bautista, Jeremiah Mallari and Bennett Cabus. Thank you to the guys who provided the correct statistics and graphics – our panel scorers/GFX feeders Rico Bayuga, Ronaldo Serrano, Arvin Estabillo and Gilbert Serrano. Thank you to those who made our on-cam talents look good – our makeup artists Mylyn Concepcion, Nina Concepcion, Estrella Besabe, Norma Calubaquib and Nizel Reduta and our stylist Lyle Foz. Thank you to those who were always ready to lend a helping hand – our production assistants, Lian Salango, Pau Hiwatig, Helen Trinidad, Riri Gayoma, Jade Asuncion and Lovely Dela Cruz. Thank you for the imagination and artistry of our Creative Communications Management (CCM) team composed of Elirose Borja, Jerome Clavio, Djoanna San Jose, Lara Mae Allardo, Robin Lorete, Cristy Linga, Christopher Eli Sabat, Archimedes Asis (the voice of S+A), Jan Dormyl Espinosa, Aila Onagan and Nyro Mendoza. They say that advertising is the lifeblood of media and that we wouldn’t be able to deliver high-quality content if not for advertisers brought in our by our Sports Sales team, so thank you to our Sports Sales Heads Jojo Garcia, Nicole Moro and Ken Ti, along with our account executives Tin Saw, Annalyn Herrera, Trina Vallarta, Joey Tang, Karlo Miguel, Paul Sembrana, Mike Tan, Ray Del Castillo, and Jason Gaffud. Thank you to those who constantly pitched ideas and presented to clients on our behalf, our Business Development Executive, Tonyo Silva, and our Sports Marketing team made up of Thirdy Aquino, Maui Tang, Jason Roberto, Danica Jose, Lala Cruz and Hanz Trajano. Thank you to the people who looked out for the wellfare and concerns of our division members – our Human Resources squad made up of Arvin Crisol, James Lee, Anika Gregorio and Donna Yabut. Social media has been a game changer and enabled people to relive key moments in sports events, so thank you to our social media team made up of Jon Rodriguez, Alvin Laqui, Danine Cruz, Aia del Mundo, Melvin Rodas, Clev Mayuga, Migs Flores and Lloydie Moreno. We would also like to give special thanks to our former bosses and colleagues who have moved on from this world, Rolly V. Cruz, Danilo A. Bernardo, George G. Padolina, Marco Franco, Gerald Gicana, Rhodora "Dhanda" Panganiban, Vernie Calimlim and Erwin Evangelista.  Lastly, I personally want to thank the website content team made up of sub-section editors Santino Honasan, Mark “Mr. Volleyball” Escarlote, Norman Benjamin Lee Riego (Yes, it has to be his complete name) and Paul Lintag, former sub-section editor Milan Ordonez, former writer Philip Matel, videographers Nigel Velasquez, Rocio Avelino and Steph Toben, photographers Arvin Lim, Richard Esguerra and Joshua Albelda, former NBA Philippines website managing editor Adrian Dy, contributing writers Anton Roxas, Marco Benitez, “Doc Volleyball” AJ Pareja, Migs Bustos, Mikee “Diliman Legend” Reyes and Ceej Tantengco. While our journey in telling these stories with ABS-CBN Sports will abruptly come to a halt, it has been an honor and a pleasure serving the Filipino sports fans worldwide. We may no longer be around as an organization, but the great athletes will keep playing and inspiring and the games will continue. And so, with a sense of immense gratitude, we say: Maraming Salamat Kapamilya! Hanggang sa muli! --- Lorenzo Z. Manguiat has been the Editor-in-Chief of sports.abs-cbn.com since 2014 and Sports News Desk Head since 2015. He started as game writer for ABS-CBN Sports in 2000 and served in various other capacities within ABS-CBN. He is among the thousands of employees who will be retrenched on August 31, 2020.  .....»»

Category: sportsSource:  abscbnRelated NewsAug 31st, 2020

3 suspects in killing of Manobo leader nabbed in North Cotabato

KIDAPAWAN CITY (MindaNews / 27 August) – Three of the four suspects in the murder of a Manobo tribal leader in Magpet town were arrested in two separate areas in North Cotabato, a police officer said. Police Major Jujie Barotas, chief of the Magpet municipal police station, identified the suspects as Jerry Ansabo Sales of […].....»»

Category: newsSource:  mindanewsRelated NewsAug 29th, 2020

Kia to roll out Stonic SUV in October

Kia Philippines is set to roll out the Stonic compact sports utility vehicle in October, which it hopes will contribute about 200 units to its total sales this year......»»

Category: financeSource:  philstarRelated NewsAug 23rd, 2020