Positive Outlook for 2008 with January Vehicles Sales Increase
PC sales increased by 28.5% for the month of January compared to the same period last year. The robust growth for the PC is seen to continue in the coming months. The new models introduced last year are seeing more positive results translated to sales in the first month of the year.
MTD January AUV posted a decrease of 35.8% mainly caused by sluggish sales due to seasonality.YTD sales increased by 5.5% compared to the same period last year due to the sustained sales of new models.
Sales in the LCV segment, comprised of pickups, vans, compact & full-size SUVs., showed an overall growth of 20% compared to the same period last year sustained by the sales of new models. Although as expected January sales are expected to be low due to seasonality, the 1st month sales of LCVs posted a strong 20% growth. An aggressive start for the year. Sales were supported by robust sales of vans and pickups.
Light Trucks sales decreased by 32.2% compared to the same period last year. For this month, this segment decreased by 53.9% compared to December due to completed delivery of fleet accounts.
Cat IV & V sales for January decreased by 29.2% compared to the month of December due to fleet account deliveries during the holidays. Compared to the same period last year (January 2007), sales also decreased minimally by 7.4%.