Hyundai sales soar in 2010

Best performer in the Philippines?
Jan 7, 2011
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Detractors can say whatever they want about imported Korean vehicles but Pinoys obviously showed their love for Hyundai in 2010. Hyundai Asia Resources (HARI), the official distributor of Hyundai vehicles in the Philippines, said the Korean brand almost doubled its sales in 2010 with the introduction of new vehicles, which proved to be strong performers in their respective segments.

Hyundai registered a whopping 82 percent sales growth with a total of 20,172 units sold in 2010 from 11,086 in 2009. 

"HARI points to the strong sales of Hyundai's passenger car and light commercial vehicle offerings, most notably the sales of the Accent, Tucson, Sonata, Grand Starex, Genesis Coupe, Santa Fe and Getz, as clear indicators of Hyundai's ongoing success in the automotive industry," the company said in a statement.

Hyundai's 2010 passenger car sales surged 128.1 percent from only 4,143 units sold in 2009. In December alone, Hyundai said the growth of its passenger-car sales reached 90.3 percent.

Meanwhile, Hyundai's light commercial vehicle (LCV) sales ballooned 54.4 percent from 6,497 in 2009. This includes the 46 percent rise of LCV sales in December.

"HARI credits these impressive figures to the strong sales of the Grand Starex, Tucson and Santa Fe--Hyundai's leading brand ambassadors in the LCV category," the company said.

Well, that pretty much explains the long queue particularly for the Tucson. What can you expect from Hyundai in 2011? Click here to find out.

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