Asia Resources Inc - Buzz Talk & News

Growth in imported motor vehicle sales jumped 41% in the first two months of the year over the same period last year buoyed by the strong performance in the passenger car segment in February. The Association of Vehicle Importers and Distributors (AVI... more

The local arm of Hyundai Motor Co. expects to post double-digit sales growth this year after performance in January reportedly exceeded expectations, an official said. “Last month, I said we might have flat growth, but after the 40% sales growth fo... more

Hyundai Asia Resources Inc. (HARI), is showing remarkable recovery despite the 3.1% fall in total sales of vehicles, imported and locally assembled in 2011. The industry chalked up sales of 165,056 units in 2011, tipping record sales posted in 1996 f... more

The overall formal automotive sector in 2011 sold a total of 165,056 units, 3.1 percent lower than the 170,348 units in 2010 pulled by the earthquake in Japan and the flooding in Thailand that disrupted global auto supply chain. A market penetration... more

Korean auto manufacturer Hyundai is looking at building an automobile manufacturing plant in the country as part of its regional integration in the ASEAN. In an interview with reporters at the sidelines of yesterday’s Philippine Korea Business Foru... more