Hyundai Philippines’ 1st quarter sales up by 18%

RECORD-HIGH MARCH SALES PUSH HARI Q1 GROWTH TO 18%

“With our recent achievements, we expect to ride on the crest of a new wave of automotive resurgence in 2017. Through innovation and relentless pursuit of our customers, we are confident that we will continue to forge new ground, one milestone at a time.”

Ma. Fe Perez-Agudo, HARI President and CEO

Performance and Drivers

Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, closed March 2017 with record sales of 3,371 units—the highest monthly output in the company’s 15-year history. This pushed first quarter sales to 8,841, up by 18% as compared to the 7,469 units sold in the same period of 2016.

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Lowest Prices Guaranteed on Carmudi.com.ph

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Millions of people around the world are taking advantage of the electronic marketplace and its clear advantages. Unburdened by the traditional capital expenses of maintaining physical structures and dedicated sales people, the virtual platform is promising the best prices along with a largely pain-free experience.

Established online vehicle marketplace Carmudi.com.ph is a prime example of the business model redounding in gains for both buyer and seller. The international website with a dedicated Philippine content is facilitating quicker and more convenient transactions between verified, reputable sellers and prospective buyers of new and old vehicles. Carmudi users have unparalleled and swift access to tens of thousands of certified listings and, perhaps, most importantly, get an unmatched guarantee that of lowest price.

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MICHELIN Pilot Sport Cup 2 tires fitted to the BMW M4 GTS

Specially developed versions of the MICHELIN Pilot Sport Cup 2 tires will be the sole original equipment fitment on the new limited special model BMW M4 GTS.

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As a track car that is approved for road use, the job of Michelin’s engineers was to design an ultra-high-performance tire which is able to operate safely in a variety of road and track conditions around the world. To this end, the MICHELIN Pilot Sport Cup 2 tires for the BMW M4 GTS were produced using not only Bi-Compound asymmetric tread patterns but also an asymmetric casing design. This offers the optimum balance between handling, grip and tire life.

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Volvo Cars’ global sales up 4.6 per cent on strong demand for Volvo XC90

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Volvo XC90 proves to be a crowd-drawer as Volvo sales increases

* Global retail sales of 38,128 cars in July

* Europe up 10.5 per cent boosted by Germany and Sweden

* More than 52,000 orders globally for the new Volvo XC90

* Volvo Philippines eager for XC90 arrival

The future looks positive for Volvo if we look at how Volvo Cars posted a 4.6 per cent increase in retail sales for the month of July, selling 38,128 cars globally. Europe as well as the US market were key drivers of growth. Both regions reported significant increases based on sales of the new Volvo XC90 and continued strong demand for Volvo’s ’60-series carlines.

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Faster Delivery for Ferrari Costs Millions

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Apparently in the world of supercars, waiting time translates to more than P70 million. If that’s shocking, wait til you hear this: some people are actually willing to pay that steep price.

Impatient future Ferrari LaFerrari owners are willing to spend a hefty 1.25M EUR more than the car’s price just to get it delivered faster. Motoring Research reports on Oracle Finance inquiry that shows that LaFerrari buyers are the most eager among all supercar customers. They are followed by McLaren P1 clients, who are ready to spend 377,000 EUR ($504,000) extra. Porsche 918 Spyder comes third with 250,000 EUR ($335,000) premium.
Oracle Finance managing director Peter Brook comments that “it’s a buying frenzy out there at the moment for Ferraris and nothing demonstrates that like the million-pound premiums we’re seeing for the LaFerrari. When you look at the prices of the Enzo, the exclusive hypercar that went before it, that has doubled in recent years from the £400,000 list price to close to £1m now. But despite that rise even we were shocked at the premium buyers are prepared to pay for the LaFerrari”.

The All-New Nissan Terra