Hyundai sales bounce back for the first half of 2019

July 15, 2019

The month of June may have seen Hyundai Asia Resources Inc’s sales go flat. Yet it wasn’t enough to dampen the strong showing that led to the increase in sales volume for the first half of 2019. HARI posted a 9.2 percent growth this year, from 16,181 units in 2018 to 17,654 this year.

This renewed growth can be attributed to the strong showing of its Light Commercial Vehicle and Commercial Vehicle segments. The LCV class, for instance, grew by a whopping 50.2 percent, with sales pegged at 7,690 units from 5,119 vehicles sold during the same period last year. The Kona, Santa Fe, and H100 led the way for this category.

When it comes to CVs, performance seemed to be even more stellar with a 125 and 42 percent showing for the year-to-date and year-on-year sales figures, respectively. Credit for these go to factors like the growing dealer network spread throughout the country, as well as the Modern Jeepney that is being pushed by Hyundai as per the government’s Modern PUV program.

Of course, Passenger Cars are not to be left out, what with models like the all-new Accent and the subcompact Reina, which led the way for a 9,458 unit sales volume

 If all this continues, HARI might just bounce back and have another banner year in 2019.

About the Author

Mr. Gerard Jude Castillo
Gerard has been a self-confessed car nut ever since he was a little boy. As a grown-up, he indulges in his passion by collecting toy cars (which he started since childhood) and reading up on the latest cars out there.  As Associate Editor, he will ensure that you get your fill of the latest cars in the market, as well as a load of automotive features.