A month before 2017 comes to a close, Hyundai Asia Resources Inc. (HARI) delivered a well-off record for November. Sales grew by 12% in both Passenger Cars (PC) and Light Commercial Vehicles (LCV) categories from January to November this year.
Combined, HARI accumulated a total of 34,025 sold units in the said period, which by doing the math, is 3,556 more from the 30,025 of the same period in 2016.
The PC segment drew an ascending line connecting January-November 2016 to the same period of 2017 with a 7% sales growth. From 21,637, the segment's output grew to about 23,167 units sold. This was led by none other than the brand's best-selling subcompact car Accent, which sales improved by 34% from 11,156 to 14,899.
Likewise, the LCV category scored 23% more sales, or 10,858 units from last year's 8,832. The positive performance was greatly contributed by the brand's Grand Starex, contributing with 14% growth. HARI sold 3,832 units of the said model, 461 more units than last year's. However, there is another model that did well – the H-100 made a comeback with 59% sales growth. It sold 3,066 units, exceeding last year's 1,927 units.
All in all, HARI looks forward to closing 2017 with combined PC and LCV sales of 37,500 vehicles. This is in addition to the country's yearend target sales of 450,000 units.
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