Hyundai reports 38% growth in PH sales

posted October 14, 2021 at 06:25 pm
by  Othel V. Campos
Hyundai Asia Resources Inc. on Thursday reported a 38.3-percent increase in sales in September to 830 units from 600 units in August on the back of easing health restrictions in the National Capital Region and the resulting boost in consumer confidence.

“We remain driven forward as we approach the finish line of yet another challenging year,” said HARI president and chief executive Ma. Fe Perez-Agudo.

“With news regarding the further decline of infections and the lowering of health-related restrictions in the country by the end of this month, we can look forward to providing our customers better journeys this holiday season,” she said.

The robust growth was fueled by the passenger car segment which rose 64.8 percent to 529 units from 321 units in August 2021. Sales of the locally-assembled Hyundai Accent increased 91.8 percent in September from the previous month.

Light commercial vehicle sales also increased 16.5 percent on the strong performance of the Hyundai H-100.

Topics: Hyundai Asia Resources Inc. , Philippine sales
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by The Standard. Comments are views by thestandard.ph readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of thestandard.ph. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with The Standard editorial standards, The Standard may not be held liable for any false information posted by readers in this comments section.