The Reina Is Straight Off The Best Selling Vehicle For Hyundai Philippines
Hyundai Asia Resources, Inc. sold 2,981 units terminal November, or a 4.4 pct growth versus October’s 2,856 units. This is the exclusive Philippine Hyundai distributor’s 3rd highest monthly sales inwards 2019.
Despite its strong monthly performance, year-to-date sales are nonetheless downwardly 6.9 pct compared to the same menses inwards 2018. Regardless, the companionship managed to breach the 30,000-sales grade hitting 30,559 units. Moreover, HARI is confident that Dec sales volition surpass the 3,000-sales mark.
“December is historically a proficient calendar month for HARI due to increased consumer spending. Coupled amongst lower involvement rates in addition to inflation, nosotros await our sales to survive farther bolstered. Beyond these factors, our primary drivers stay the quality, reliability, in addition to repose of maintenance of Hyundai rider cars in addition to commercial vehicles,” HARI President in addition to CEO Ma. iron Perez-Agudo said.
In November, sales inwards the Passenger Cars (PC) segment grew past times 6.8 pct (versus October) amongst 1,556 units sold spearheaded the Hyundai Reina in addition to Accent. Since its introduction inwards belatedly January, the Reina has consistently grown inwards sales in addition to for November, has larn the top-seller for HARI. The Reina is forthwith the instant best-selling A-segment rider vehicle inwards the country, acre the Accent sustained its 3rd best-selling pose inwards the B-segment. H5N1 full of 16,116 Hyundai rider cars were sold inwards the source xi months of 2019.
Month-on-month, Light Commercial Vehicles (LCV) slightly increased to 1,365 units amongst the Hyundai Kona subcompact crossover in addition to Hyundai H-100 leading the charge. According to Hyundai, these 2 models are the best-sellers inwards their respective segments. Year-to-date Nov 2019, LCV sales dipped past times 2.55 pct amongst 13,696 units sold. Nonetheless, the Tucson, Grand Starex, in addition to Santa iron all showed month-on-month growth.
HARI’s Commercial Vehicles (CV) describe organization continued its surge amongst a 50 pct growth inwards Nov versus the previous month. Year-to-date, sales of Hyundai’s Trucks in addition to Buses (HTB) grew significantly past times 79.7 pct amongst 787 units sold. This segment is expected to grow fifty-fifty to a greater extent than amongst increased need from earth carry sector.
The companionship says it volition inaugurate to a greater extent than dealerships for both its Passenger Car in addition to Commercial Vehicle describe organization inwards 2020.
“Based on electrical flow marketplace need in addition to the untapped potential inwards telephone substitution growth areas, in that location is a involve to farther expand Hyundai’s presence to serve to a greater extent than customers acre driving economical activeness inwards local communities. We accept several facilities inwards diverse stages of completion that volition survive opened throughout 2020. This supports our outlook that the automotive manufacture is gear upward come upward dorsum strong adjacent year,” Ms. Agudo added.
