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January 13, 2018

Hyundai to Open Truck and Bus Dealership in Batangas City

Hyundai Asia Resources, Inc. (HARI) President and CEO Ma. Fe Perez-Agudo and Shaw Automotive Resources, Inc. (SARI) President Felix Limcaoco III, along with other top executives, led the groundbreaking ceremony of Hyundai Trucks and Buses Batangas City located along Diversion Road in Balagtas, Batangas City.

Mr. Limcaoco expressed the team’s strong commitment to serve businesses in the provincial city, saying, “We are ready to address Batangas City’s growing mobility needs, especially those of its logistics and transport sectors.”

For HARI’s part, Ms. Agudo responded, “Batangas is in the heart of CALABARZON, and the Batangas port serves as the international gateway for industrial and commercial trade with the rest of the world, requiring vast potential for moving international cargo, local produce and people. With the valuable addition of Hyundai Trucks and Buses Batangas to our Hyundai Commercial Vehicle (CV) dealer network, we are empowered to move the economy further.”

2017 was a banner year for Hyundai trucks and buses. On its first full year of operations, HARI’s CV business grew by 883 percent from 2016, eclipsing the previous distributor’s all-time-high sales, and is poised to account for 10 percent of total vehicle sales in the next five years, aiming to double in scale by 2025.

Moving into 2018, HARI aims to continue broadening its corporate horizon by addressing the freight, payload, and mass mobility needs of enterprises in Metro Manila and the emerging growth centers in the regions.

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