Hyundai Asia Resources' first-half sales up 23% from last year

Driven by strong passenger-car sales
Jul 11, 2012
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Hyundai first-half sales

Hyundai Asia Resources sold a total of 2,356 units--1,248 passenger cars and 1,108 light commercial vehicles--a 36-percent increase from the 1,737 units the Korean-brand distributor had moved a month earlier. This brings Hyundai's first-half sales tally to 12,751 units, a 23-percent jump from the same period in 2011.

From January to June this year, Hyundai sold 7,831 passenger cars, a whopping 66-percent improvement from last year, as well as 4,920 light commercial vehicles, down 13 percent from 2011.

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"We have more than satisfied growing public clamor for our all-time best-sellers," said HARI president and CEO Ma. Fe Perez-Agudo. "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 the year."

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