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November 8, 2021

Novaliches Now Gets Access To Hyundai's Modern PUVs

Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai commercial vehicles, strengthens their participation in overall transport modernization with another successful delivery of modern PUVs.

At the inauguration of NOVADECI Transport Service Cooperative (NTSC), a subsidiary cooperative of the Novaliches Development Cooperative (NOVADECI), HARI, through authorized dealer Hyundai Trucks and Buses Commonwealth, successfully turned over 32 units of the HD50S Modern PUV Class 2, concretizing the cooperative’s commitment to contribute to the nation’s ongoing agenda in bettering mass transport services for the commuting public.

Honorable Josefina “Joy” Belmonte-Alimurung, mayor of Quezon City, graced the landmark activity, together with notable representatives from the local government, transport, and finance sectors.

Ms. Leonisa A. Fausto, NOVADECI’s Board of Directors Chairwoman, thanked Hyundai and other partners for making the project possible. She hopes that their initiative will serve as inspiration not only to NOVADECI but also the entire transport sector in the country.

On the part of Hyundai Trucks and Buses Commonwealth, their team assured NOVADECI of their commitment to provide top service to maintain the road worthiness of the modern PUVs turned over to the group, and to extend support that demonstrates the Hyundai Trucks and Buses determination to be a partner in every way.

HARI President and CEO Ma. Fe Perez-Agudo lauded this latest development in their company’s effort to energize the country’s transport sector, reinforcing that, “Hyundai shall continue to take steps to help shape the future of mobility in the Philippines that shall move more people, especially our healthcare and economic frontliners, toward more opportunities that shall help enrich their livelihood and contribute to the greater agenda of economic stability.”

With the HD48 GT Modern PUV recently launched by HARI, the company is confident that this new addition to their portfolio of people movers shall build on the current success that Hyundai has already established in the transport sector. Since HARI has expressed intent over supporting the government’s Public Utility Vehicle Modernization Program or PUVMP in 2017, the company has enjoyed a sizeable gain in market share in the commercial vehicle industry, thanks to transport cooperatives that have trusted in Hyundai and made it their chosen PUV brand.

This year, HARI sold over 200 units of its Modern PUVs to a diverse roster of transport cooperatives nationwide. In the first nine months of 2021, sales of Hyundai’s Modern PUVs jumped by 715.8 percent compared to the same period in 2020, cornering 10.8 percent market share in the CAT III (3T-6T) category.

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