AVID records 10% sales gain in 1st quarter 2017

“Riding on sustained demand in the automotive market, AVID’s sales growth story continues its upward trend as it picked up by 10% for the three-month period in 2017. This encouraging response further drives AVID to deliver top-notch products and services to our beloved customers.”

Ms. Ma. Fe Perez-Agudo

President, Association of Vehicle Importers and Distributors, Inc. (AVID)

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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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Hyundai’s HARI Foundation, global partners provide innovative water source to Tanay City

March 22, 2017, Tanay Municipal Hall—Some 200 students of Rawang Elementary School of Tanay City count among the first beneficiaries of the Rain Water Harvesting System, a filtration method that is capable of producing and storing potable water from rain gathered in roof gutters.

Said system is an innovation of Prof. Han Moo Young of the Engineering College of Seoul National University.

Elected Tanay local officials express support for the major stakeholders of the Rainwater Harvesting Facility System project: (4th from left, L-R) HMC Asia & Pacific Regional Headquarters Cha Deug Yong, Seoul National University Prof. Han Moo Young, Rawang Elementary School Principal Catherine Resur-reccion, Better World President Yeom Jin Su, HARI Foundation, Inc. President Ma. Fe Perez-Agudo, Ta-nay Mayor Rex Manuel Tanjuatco, and Institute for Global Education Exchange and Internship Presi-dent Rior N. Santos.

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