Hyundai Asia Resources, Inc. (HARI), the South Korean brand's official distributor in the Philippines, delivers 3,594 unit sales for the month of July 2017. This is 21% higher as compared from the same month of last year, and is recorded to be the company's highest monthly figure.
HARI’s July 2017 performance boosted up its year-to-date sales to 20,960 units, which is an 8% growth compared from the 19,336 units sold last year. Furthermore, this achievement reportedly helped Hyundai to secure the 3rd spot for the highest-selling brand in the Philippine automotive industry.
The Passenger Cars (PC) segment leads the record-high July sales with 2,564 units out from HARI's dealerships. This is 12% ahead of 2016's sales total of 2,296 units. Still reigning as the model with the most sold units is the Accent nameplate, which tallied 1,608 units accounting to 45% of HARI's whole performance. The subcompact sedan also led the 1st half sales of HARI, which accumulated 7,711 units sold.
The Light Commercial Vehicles (LCV) segment, on the other hand, showed positive results in terms of year-on-year basis. The segment grew 52%, totaling to 1,030 units having been sold. The brand claims that this could be attributed to the H-100 commercial truck, which sold 287 units in July, doubling its output from the same month of 2016.