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March 13, 2018

Hyundai Philippines Sales Slow Due to Effects of TRAIN


Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, has registered 2,649 unit sales for the month of February 2018. This leaves the total 2018 year-to-date Hyundai unit sales at 5,552, or a modest 1.5 percent increase compared to the 5,470 units sold during the same period of 2017.

The Passenger Car (PC) segment maintains its position as the main volume driver of sales by accounting to almost three-fourths of the total units sold, or 4,002 units year-to-date. The well-known Accent accounted for 2,363 units during this period. However, it was the Eon and Elantra that played as the main growth driver for this segment with a year-to-date growth of 1.8 percent and 88 percent respectively.

Although the Light Commercial Vehicles (LCV) segment recorded only one fourth of the brand’s total sales, the segment was at the spotlight with all its models registering positive growth. This was led by the beloved Grand Starex whose January to February unit sales growth rose by 32.6 percent, or 512 units in 2018 compared to the 386 units sold in 2017. This pushed the segment’s year-to-date sales to 1,550 units, a 18.1 percent growth from last year’s 1,313.

7 comments:

  1. The Accent and Santa Fe aged well but has lost all that "new car" excitement. While the Tucson and boring Elantra remains standard & overpriced. And that increase in Starex sale is probably caused by refleeting program by a number of funeral parlors and hospitals.
    Hyundai is a good car maker but they need new and exciting models in the showrooms soon,All new Santa Fe, Genesis Coupe, Sonata and probably the not so promising look of next gen Accent

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  2. Dapat gumawa sila ng pickup kasi yan yung mabenta ngayon. Also a 7 seater MPV/SUV from the Eon platform patok yun dito

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  3. Are they selling the Creta here in PH?

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  4. I really hope KIA gets better also. IMHO Hyundai Phil has been complacent with its lineup and features because its sister company, KIA, sucks.

    How about bringing in Genesis Brand to revitalize its presence. Unlikely yeah, but that would be supercool, I imagine.

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  5. Very Simple lang yan dagdagan ng feature lang yan katulad ng ibang Car company, minsan OP ang Vehicle lack of feature naman kaya walang bumibili.

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  6. Entertainment system is just like you've purchased from the 80's, you know what i mean...

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  7. update the i series. bring back i30 and dalin din nila dito yung i30 N

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