Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, sold a total of 8,731 units for the first three months of this year, slowing down by a mere 1.2 percent compared to the 8,841 units sold in the same period of 2017.
The country’s third leading automotive brand’s first quarter performance was capped off by a 3,179-unit output in March, or an increment of 20 percent from the February sales figure of 2,649 units. If this is any indication, Hyundai is very well on its way to gaining the momentum to move forward from the short-term effects of the Tax Reform for Acceleration and Inclusion (TRAIN) Law on consumer sentiment and purchase behavior.
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