Feed your drive!
PASAY CITY, Manila – Hyundai Asia Resources Inc. (HARI), the Philippines’ official distributor of Hyundai passenger and commercial vehicles, will be showcasing the H350 luxury van along with the best-selling Hyundai Trucks and Buses line-up at the Philippines Bus & Truck Expo 2017 from July 14 to July 16 at the SMX Convention Center, Pasay City.
Continue reading “Hyundai carries passion to Philbus & Truck Expo 2017”
Peugeot Philippines offers its customers the opportunity to experience Paris, the City of Lights, with the #PeugeotDriveToParis program. Aimed at those trading in their current vehicles for a brand-new Peugeot, customers will get to enjoy Paris with a 3-day, 2-night vacation courtesy of Peugeot.
Continue reading “Peugeot Philippines offers Paris getaway to trade-in customers”
As part of its 20th year anniversary, Isuzu Philippines Corporation (IPC) has inked partnership with Jacobo Z. Gonzales Memorial School for Arts and Trades (JZGMSAT), in line with the company’s corporate social responsibility (CSR) program that imbibes a knowledge-sharing culture in the society.
On July 3, 2017, both parties, headed by IPC President Hajime Koso and JZGMSAT School Administrator III Benito Reyes signed the memorandum of agreement at JZGMSAT Campus located in Biñan, Laguna. Operating for almost 57 years, JZGMSAT, is a TESDA-administered school that provides National Certificate (NC) courses for different vocations and currently offers NC Levels I and II for Automotive Servicing.
Continue reading “Isuzu Philippines inks partnership with TESDA-administered school in Laguna”
Owning a car is one of life’s biggest milestones. Not only does it give you the power to go wherever and whenever your heart desires, it also signifies that you’re thriving in life; you’re trulyready for something bigger. Simply put, owning a car means kaya mo na. You can now desire to get the most out of life!
Fortunately, reaching that milestone has become both easy and exciting. With Hyundai’s “Thrivin’ and Drivin’ at 16” promo, car buyers can enjoy big discounts, big savings, and easy monthly payment schemes for the Eon, Accent, Elantra, Sonata, Veloster, Tucson, Santa Fe & Grand Starex models. This is Hyundai’s way of showing gratitude for its phenomenal 16 years as the preferred mobility partner of Filipinos.
Continue reading “Hyundai PH celebrates anniversary with “Thrivin’ and Drivin’ at 16” promo”
Performance and Drivers
Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, recorded 2,521 unit sales for the month of April—a feat considering there were fewer working days within said month. This pushed total January to April 2017 sales to 11,362 units, up by 9% as compared to the 10,417 units sold in the first four months of the previous year.
Leading HARI’s impressive performance is the Passenger Cars (PC) segment, which grew by 10% from 7,073 units in January to April of 2016 to 7,753 units in the same period of 2017. Driving the PC segment growth is the Hyundai Accent as it remains as the brand’s top-selling nameplate with 5,162 units sold in the first four months of 2017.
The Light Commercial Vehicles (LCV) segment also showed remarkable performance as total January to April sales reached 3,609 units, an 8% rise from the previous year’s output. Faster than anticipated growth in this segment is buoyed by high acquisition of Tucson and H-100 models.
Sales and Economic Outlook
The Philippine economic outlook remains sanguine, with several banking institutions and credit agencies projecting GDP growth rate to fall between 6.5% to 7.5% for FY 2017. The economy is expected to maintain its upward trajectory, bolstered by the country’s strong domestic demand, within-target domestic inflation, stable OFW remittances, accelerated government spending, and the recovery of export numbers. The confluence of these factors bodes well for the auto industry as they serve as tailwinds for increased auto demand. With this, HARI is well in position to achieve more milestones to cap its 15th year of operations in the Philippines.
