Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the country, registered a 6.0-percent year-on-year decline in sales during the second quarter of the year. Unit sales dipped to 5,325 units from the 5,668 units sold in the same period of the previous year. Meanwhile, year-to-date sales reached 10,689 units or 8.0-percent less from the total 11,651 units sold in the first semester of 2014. Remarkably, month-on-month sales data posted a 10-percent growth, from 1,705 units to 1,883 units, ushering the brand’s more hyped-up performance in the succeeding months in light of the expected release of new models such as the all-new Tucson and i20.
“Hyundai remains undeterred and optimistic amidst a more competitive and resilient automotive industry, banking on its long track of best-in-class products and services,” said HARI president and chief executive officer Ma. Fe Perez-Agudo.
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