News

Hyundai sales jump 44 percent in first quarter

Hyundai Q1 2012 sales

Hyundai Asia Resources has reported a trend-reversing sales growth for the first quarter of the year. Hyundai sold 2,245 units in March, a 37-percent improvement over the same month last year, when it sold just 1,633 units. This brings Hyundai's first-quarter total to 6,767 units, a 44-percent increase compared to the same period in 2011, when it moved 4,712 units.

By comparison, members of the Chamber of Automotive Manufacturers of the Philippines absorbed a 9.9-percent decrease in first-quarter sales compared to 2011.

Hyundai attributes its strong sales in our market to its passenger cars--particularly the i10, the Accent and the Elantra (in photo)--which achieved a 127-percent increase by selling 4,297 units during the first three months of the year.

"As the Philippine economic landscape continues to move from good to great, so does consumer confidence and Hyundai's outstanding sales performance for the first quarter," said HARI president and CEO Fe Perez-Agudo. "We are optimistic that this trend will extend into the second quarter, with the Elantra making waves as Car of the Year and the Eon being launched."

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  • dsobreo Apr 19 2012 @ 07:19pm
     
    wow
        2
  • 17Sphynx17 Apr 19 2012 @ 07:27pm
     
    I think it's also possible is that Hyundai is now better at managing their inventory and the orders that are coming in. Comparing to last year, most backlogs were from the Tucson and Sta Fe and they really couldn't deliver on them so some didn't have any more patience to wait.

    Anyway, kudos to Hyundai. =)
       
  • jetski Apr 19 2012 @ 07:29pm
     
    kudos HARI!... toast to a vibrant Philippine Auto Industry!... I Hyundai manufacture 1 of their best-sellers here in PH as a sign of their thanksgiving!... We are the largest SEA market for HMC.
        1
  • jetski Apr 19 2012 @ 07:29pm
     
    "HOPE"
       
  • Feeter Silverster Apr 19 2012 @ 07:58pm
     
    Wow, almost 1,500 na lang ang lamang sa Hyundai ng Mitsubishi selling 8,200 units for the same period. New thinking new possibilities
        4
    • Kyoichi Sudo Apr 19 2012 @ 10:52pm
       
      Dude, would you mind?! Hello?! I'm already stressed here!
          7
  • GotToRead Apr 19 2012 @ 10:27pm
     
    Another reason to bring your other line ups here Hyundai! Bring the Elantra Coupe, Genesis Coupe (2013) and Veloster, quick!
        1
  • Troytin Apr 19 2012 @ 10:29pm
     
    Sana di na bumalik yung troll.para walang murahan sa TGP website. :)
       
  • jbedpan Apr 20 2012 @ 12:53am
     
    mura kasi ang Hyundai at very improve ang design. for most people its enough na.
        2
  • maranello_5775 Apr 20 2012 @ 04:50am
     
    congratulations HARI! I hope the crdi accent will make it to our shores this year of if not, just bring in the i20
       
  • torquebender Apr 20 2012 @ 08:32am
     
    just saw an Eon earlier, it's so small..
       
  • damaso Apr 20 2012 @ 12:32pm
     
    Kudos to Hari. Sa pagtaas ng benta nila, sana pataas din ang kalidad ng after sales service ng lahat ng mga car companies sa Pinas.
       
  • td21 Apr 20 2012 @ 01:40pm
     
    Maganda kasi ang design ng Hyundai. Mas mura na tapos imported pa.
        3
  • lord_cykb24 Apr 20 2012 @ 04:53pm
     
    I want to react on the comment of:
    jbedpan, he said " mura kasi ang Hyundai at very improve ang design. for most people its enough na.",
    The design well I'm impressed because of the fluidic structure they had, pero the only downside for them is the PRICING, especially the SUV segment, hindi kaya lahat ng units ng Hyundai mura, ang mga SUV's nila the Tucson and Sta. Fe were very pricey....!!!! In that category I have to stick with the Monty, Eve's or even (surprisingly for me) The Forts....!!!!!
    If they slash their SUV's price tag just a little bit then I'm convinced. Ano pa kaya kung dadating ang 2013 Sta. Fe maybe would level or more to the 2M mark..!!!! And that's not cool...
        1
  • marcha77 Apr 20 2012 @ 06:40pm
     
    Jbedpan is referring to the elantra and accent which are the cars mentioned in this article not the Tucson or Santa Fe. Please read the article so you will understand.

        1
  • td21 Apr 20 2012 @ 07:20pm
     
    Sulit para sa akin ang accent at elantra.
    Mas mura na compared sa competition tapos assembled pa sa developed country ang units, di gaya ng iba na umaasa sa developing countries for cheaper labor.
        1
  • mindkinetic Apr 20 2012 @ 07:23pm
     
    majority of i10 , accent prospects are coeds. elantra budding executive in want of a fresh choice. the 5year warranty is also a plus.i likewise agree with the price being competitive. kanina lang nakakita ako ng hyundai excel and i sighed "wow layo na talaga ng narating ng hyundai" congrats HARI.
        1
  • carwiki9988 Apr 21 2012 @ 12:45pm
     
    Wow! Nice job HARI!!! The price of Hyundai cars is okay kaya parati tumataas yung percentage nila. Even rich persons or middle- class persons can buy Hyundai.
       
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