Thursday, November 23, 2017
Hyundai Philippines Sales Jump 33 Percent in October 2017
Hyundai Asia Resources, Inc., the official distributor of Hyundai vehicles in the Philippines, has 3,266-unit sales for October 2017, a 33 percent year-on-year growth from 2,462 units in 2016. This made an impact to the 2017 January to October YTD sales of 30,717 units, a 12 percent growth from last year’s sales of 27,483 units.
The sales of Passenger Cars (PC) segment grew by 22 percent from 1,726 unit sales in October 2016 to 2,113 unit sales this year. The good performance of Accent, the top-selling model of this segment, contributed to this growth. Accent recorded an impressive sales growth of 88 percent from 758 units in October 2016 to 1,424 units in October 2017, sales was nearly doubled for October year-on-year performance. Meanwhile, Light Commercial Vehicles (LCV) LCV grew from 736 unit sales in October last year to 1,153 units sales this year, recording a 57 percent growth. H-100, under the LCV segment, had a very significant growth of 117 percent from 169 units last October 2016 to 366 units this October 2017.