Hyundai Asia Resources Inc., the exclusive distributor of Hyundai vehicles in the Philippines, on Tuesday reported an increasing trend in vehicle sales that reached 812 units in June, up 5 percent from 773 units in May.
HARI president and chief executive Ma. Fe Perez-Agudo said despite the challenges in the economy, vehicle sales remained healthy. She said the trend was “a positive indicator of increased activity, with June being the first full month of post-ECQ and MECQ in the NCR Plus region.”
“HARI’s steady growth mode is a sign of how we, shoulder-to-shoulder with our nationwide dealership fortress, have grown in resilience through our 20-year journey as the Filipino’s lifetime partner in mobility. We are definitely driven to start a new chapter of HARI history, which may be the toughest one yet—recovery on to achieving equilibrium in the Now Normal era. Thanks to the People of Hyundai, we’ll get there,” she said.
Hyundai commercial vehicles largely contributed to the strong month-on-month sales, having sold 40 percent more units in June than in May. Meanwhile, the passenger cars and light commercial vehicles maintained a steady increase in sales at 6.7 percent and 1.6 percent growth, respectively.
The company said that in the passenger cars segment, locally-assembled Hyundai Accent’s 13.6-percent month-on-month growth made for the biggest share in the segment’s 6.7-percent incremental sales.
It said that for the light commercial vehicle segment, Hyundai Tucson and Hyundai Grand Starex provided the momentum, growing by 33.3 percent and 11.9 percent, respectively. For the commercial vehicle segment, the Hyundai HD50S contributed to the segment’s growth with a month-on-month increase of 75 percent for the said model.
HD50s, the company’s entry to the government’s PUV modernization program grew sales by 775.8 percent in the first half, it said.