Saturday, February 1, 2020
Suprise! MG Overtakes Kia, Foton in Full-Year 2019 Sales
One of the more peculiar things with the monthly sales reports of the Association of Vehicle Importers and Distributors (AVID) is that its figures for The Covenant Car Company, Inc. (TCCCI) only includes their numbers for Chevrolet; it doesn’t include their new brand, MG. In fact, MG’s Philippine performance has been largely secretive until now.
In a separate statement, TCCCI reports that full-year 2019 sales for its MG brand reached 5,085 units, or a monthly average of 400 units per month. If they were included in any of the CAMPI or AVID sales reports, it would have been enough to make them the 9th best-selling brand, overtaking Kia (5,019) and Foton (4,293).
According to TCCCI, over half of their sales is down to the MG ZS sub-compact crossover.
Due to MG’s very strong sales in 2019, the brand opened 24 dealerships in total. This year, they will be opening 7 more in key locations nationwide.
“We at MG Philippines are thankful to our clients, our executive committee, dealer partners, our partners from SAIC Motor International, our bank partners, and the numerous agencies who worked with us, for making 2019 such a breakout year for the brand,” says Atty. Alberto B. Arcilla, President and CEO of MG Philippines. “We are very grateful for each and every one of you; for the contributions you have made in making MG Philippines what it is today, and for your continued support of this British heritage brand. We have exciting things in store for 2020 and we eagerly enter this new year and decade with renewed anticipation and excitement, bolstered by all the positive indicators we received in the past year.”
Filed Under:
MG Corporate,
News,
PHL Auto Industry
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