AUTO INDUSTRY NEWS

Hyundai Philippines sales up by 36% last June

Hyundai Philippines sales up by 36% last June image

Text: / Photos: HARI | posted July 12, 2012 13:04

23% growth for the first six months of the year

Hyundai Asia Resources, Inc. (HARI) posted 36% growth in total sales for the month of June by selling a total of 2,356 units of vehicles than the 1,737 units that they sold during the month of May. HARI managed an impressive 101% increase in sales on their light commercial vehicle segment by selling 1,108 units last June versus the 550 units that was sold on May. The arrival of stocks of the Tucson model contributed to the overall boost in sales of Compact SUVs with 600 units sold.

For the first-half of this year, HARI experienced a total growth of 23% for the 12,751 units that they have sold so far compared to the 10,355 units that it sold in the same period last year.

“We have more than satisfied growing public clamor for our all-time best-sellers. With sustained resiliency in domestic purchasing power, backed by sound economic fundamentals and a favorable business landscape, Hyundai is ever more ready to heed and respond to our customer needs and demands for the next two quarters of this year.” said Ma. Fe Perez-Agudo, HARI President and CEO