Hyundai Ph Sells To A Greater Extent Than Than 33K Vehicles Inwards 2019

Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai rider cars in addition to commercial vehicles ended the yr rigid amongst 2.9 pct growth inwards Dec 2019 or 3,163 units sold versus the same calendar month terminal year.

Dec marked the 3rd calendar month inwards 2019 that HARI breached the 3,000-unit sales mark.

For the amount year, Hyundai sales reached 33,763 units, enabling it to keep its position inwards the marketplace position every bit 1 of the leading brands inwards the Philippine market. However, this is a 6.1 pct driblet from 2018 mainly due to the company’s non-participation inwards to a greater extent than or less marketplace position segments, such every bit pickup trucks.

Month-on-month, the Passenger Cars (PC) segment rose yesteryear 8.5 percent, from 1,516 units inwards Dec 2018 to 1,645 units inwards Dec 2019. This was prompted yesteryear the Hyundai Reina (PC A-Segment), in addition to the Hyundai Accent (PC B-Segment). In fact, the Reina finishes 2019 every bit the minute best-selling model inwards the A-segment, acre the Accent remains the 3rd best-selling model inwards the B-segment. The companionship sold a amount of 17,761 PC units inwards 2019.

Light Commercial Vehicle (LCV) sales increased yesteryear 2.9 pct inwards Dec 2019 to 1,399 units compared to the same calendar month terminal yr spearheaded yesteryear the H-100 (Light Truck) in addition to the Hyundai Kona (Sub-compact SUV).  Both models are No. 1 inwards their respective segments. Overall though, Hyundai LCV sales declined yesteryear 2.6 pct amongst 15,095 units sold.

Hyundai Commercial Vehicles (CV) continued to live on the best performing segment for the yr amongst a 63.4 pct full-year growth, or a amount of 907 units sold led yesteryear the Hyundai County bus. HARI CV sales are expected to farther surge inwards 2020 due to higher demand generated yesteryear authorities programs to ameliorate the existing world transportation. Late terminal year, HARI rolled out its Class two in addition to Class three Modern Jeepneys (built on the Hyundai HD50S platform) to serve the needs of carry cooperatives acre the Hyundai H-100 Class-1 Modern Jeepney was launched before inwards 2019. Both Class 1 in addition to two Modern Jeepneys were granted their Certificates of Compliance yesteryear the Department of Transportation inwards Oct 2019. IN 2019 alone, HARI inaugurated 5 dedicated CV dealerships.