• Hyundai sales in PH up 53% in H1

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    Vehicle sales of Korean carmaker Hyundai in the Philippine market reached 16,362 units in the first semester this year, up 52 percent from 10,689 units in same period last year, its official distributor in the country Hyundai Asia Resources Inc. (HARI) reported on Wednesday.

    Passenger cars led the growth, with 11,207 units sold from January to June 2016, jumping 58 percent from 7,111 sales last year.

    Also, sales of light commercial vehicle (LCV) increased to 5,156 units in first semester this year, or 44 percent higher than 3,578 units sold last year.

    HARI cited that Accent has driven the growth of sales of passenger cars while the all-new Tucson fueled the sales expansion of LCV.

    “Reflecting the vibrancy of the country’s economy and automotive industry, Hyundai continues to show boundless potential as the company further delights its customers with its portfolio of modern premium products and services,” HARI President and CEO Ma. Fe Perez-Agudo said.

    PNA

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