Hyundai PH's year-to-date sales now up by 15%

Boosted by passenger-car models
Oct 11, 2012
CAR BRANDS IN THIS ARTICLE Philippine Car News - Hyundai PH third-quarter growth up by 15 percent

Hyundai Asia Resources Inc. (HARI) ended the third quarter of 2012 with a 15-percent year-to-date sales growth after moving 17,156 units out of its showrooms from January to September this year compared with the 14,883 units it sold in the same period in 2011.

The passenger-car segment continues to be the biggest booster of HARI's sales, with 10,652 units of the Accent, the Elantra, the i10 and the Eon getting snapped up by customers. That's over 3,400 units more than the 7,217 units sold in the same period last year for a 48-percent improvement.

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For September, HARI's light commercial vehicles bounced back by 11 percent as they sold 709 units for the month compared with the 636 units sold in the same month last year, thanks to the initial sales of the all-new Santa Fe.

"In the face of continuing challenges in business and from the global economy, the Hyundai brand remains resilient with another impressive sales performance in the PC segment to cap the recent quarter, as well as the upturn of LCV sales in September," said HARI president and chief executive Ma. Fe Perez-Agudo. "We are all geared to respond to public demand for our models with the onset of the holiday season."

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