Local Hyundai Auto Sales Climb in February 2012
The local arm of Hyundai Motor Co. grew sales by nearly 50% in the first two months versus year-ago levels, a statement released yesterday showed. Sales up to February rose by 47% to 4,522 units from 3,079 for the same period last year as passenger c... more
Hyundai Philippines Upgrades Growth Target for 2012
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
CAMPI: Formal Auto Sales in Philippines Down by 3.1% in 2011
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
Imported Vehicle Sales in the Philippines Up 4% in 2011
Sales of imported vehicles rose to 24,880 units last year, 4 percent higher than the 23,986 units sold in 2010, figures released by the Association of Vehicle Importers and Distributors (Avid) showed. Avid President Maria Fe Perez-Agudo said the Dece... more
Hyundai Philippines Anticipates Flat Sales Growth in 2012
Hyundai Asia Resources, Inc. (HARI), local distributor of Korean car Hyundai, barely grew last year with sales hitting only 20,297 units from 20,172 units in 2010 and forecast to grow flat this year. HARI’s 2011 performance was largely weighed down... more
Hyundai Philippines’ Massive Sales Growth Marks its 10th Year in the Philippines
2011 marks the 10th year of Hyundai’s amazing growth in the Philippine automotive industry. Starting with only five dealers in 2001, when it was appointed exclusive distributor of Hyundai vehicles in the PH, Hyundai Asia Resources, Inc. (HARI) now... more
Philippine Auto Importers Expect Better Sales in 2012
Local vehicle importers expect sales to grow further next year on the back of strong consumer sentiment that will be sustained by faster economic growth. The outlook, issued by the Association of Vehicle Importers and Distributors, Inc. (AVID), came... more
November 12, 2011—bloggers , online writers and seasoned editors came together for One Hyundai Club’s (OHC) announcement: Hyundai Asia Resources Inc.(HARI) is set on giving us the ultimate lifestyle event of 2012– the One Hyundai Club: Life... more
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