MANILA, Philippines – Sales of Hyundai vehicles in the country jumped 6% in September, according to its Philippine distributor.
Hyundai Asia Resources, Inc. (HARI) in a statement said it sold 1,507 units in September, up 6% from 1,421 it sold a year ago.
Hyundai's sales were driven by 2012 Philippine Car of the Year Elantra, which saw an 88% increase in September.
The Eon maintained its recent growth streak with an increase of 61% while Accent saw a 35% increase.
Hyundai’s passenger car lineup grew 44% against the same period last year, offsetting the 32% drop in sales of its Light Commercial Vehicle (LCV) segment.
With the uptick, HARI believes it is on track to meet its targets before the year ends, saying it is only 5% off its mark a year ago through the first nine months of 2013.
HARI remains optimistic that the holiday season will bring higher sales.
"With the season of giving fast approaching, the Hyundai family is thrilled to continue providing Filipinos exciting and compelling offerings to share with the family this blessed season,” said Ma. Fe Perez-Agudo, HARI president and CEO.
source: www.abs-cbnnews.com
