• Hyundai’s brand of service excellence: Designed for you to get more out of life

         Thousands of satisfied Hyundai car owners can’t be wrong. This monsoon season may be just the time for you to make that appointment for preventive maintenance service (PMS) to keep your car in perfect roadworthy condition. Your friendly Hyundai service center will make sure it won’t rain on your parade. Not with Hyundai Asia Resources, Inc. (HARI) recently earning bragging rights for service excellence with citations from Hyundai Motor Company (HMC) for exemplary customer service in the …

    Read More...
  • HARI Achieves Its Highest Monthly Sales to Date

    “The commitment of HARI in fostering a culture of excellence continues to manifest as it notches its highest monthly sales to date. The company, being a trusted lifetime partner of Filipinos, endeavors to constantly improve its products and services through creating value for a sustainable future.” - Ma. Fe Perez-Agudo, HARI President and CEO   Performance and Drivers  Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, closed its July 2017 …

    Read More...
  • HARI Foundation Amplifies Fight for Environment, Awards the 10 ASEAN Biodiversity Heroes with the Hyundai iCON for Biodiversity

      One for Biodiversity. Hyundai Asia Resources, Inc. (HARI), through its corporate social responsibility arm, HARI Foundation, Inc. (HFI), celebrated 50 years of ASEAN by honoring the 2017 ASEAN Biodiversity Heroes with the Hyundai Icon for Biodiversity. At the awards ceremony held August 7 at New World Manila Bay Hotel were: (L-R) ASEAN Deputy Secretary General Vongthep Arthakaivalvatee; Eyad Samhan (Brunei Darussalam); Sophea Chhin (Cambodia); Alex Waisimon (Indonesia); Nitsavanh Louangkhot …

    Read More...
  • Hyundai PH Cited for Outstanding After-Sales Service

      Following the recent recognition for exemplary customer service in the passenger car and commercial vehicle categories given by South Korean automotive giant Hyundai Motor Company (HMC), Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai passenger and commercial vehicles in the Philippines, received the second highest ranking in the 2017 Philippines Customer Service Index (CSI) StudySM conducted by J.D. Power.   The study, now on its 17th year, was fielded between …

    Read More...
  • HARI Scores Double Win For Service Excellence

    Award-winning customer service. HARI S-AVP for After-Sales Service Operations (4th from left) Richard Gapasin received the prestigious Excellent Customer Service Achievement award for the passenger cars segment from HMC EVP & COO for International Operations Division Byung Kwon Rhim (rightmost) at the Global Customer Service Innovation Seminar held from July 4 to 6, 2017, in Seoul, Korea.   Becoming the most trusted lifetime partner of the Filipino goes beyond providing mobility solutions. It …

    Read More...

HARI SALES REMAIN BUOYANT WITH 9% GROWTH

Our auspicious performance in the first four months of 2017 validates the Filipino’s growing endearment towards the Hyundai brand. This only inspires us to give nothing but top-notch quality products and services to our customers.”

- Ma. Fe Perez-Agudo, HARI President and CEO

 

 

Performance and Drivers

 

Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, recorded 2,521 unit sales for the month of April—a feat considering there were fewer working days within said month. This pushed total January to April 2017 sales to 11,362 units, up by 9% as compared to the 10,417 units sold in the first four months of the previous year.

 

Leading HARI’s impressive performance is the Passenger Cars (PC) segment, which grew by 10% from 7,073 units in January to April of 2016 to 7,753 units in the same period of 2017. Driving the PC segment growth is the Hyundai Accent as it remains as the brand’s top-selling nameplate with 5,162 units sold in the first four months of 2017.

 

The Light Commercial Vehicles (LCV) segment also showed remarkable performance as total January to April sales reached 3,609 units, an 8% rise from the previous year’s output. Faster than anticipated growth in this segment is buoyed by high acquisition of Tucson and H-100 models.

 

Sales and Economic Outlook

 

The Philippine economic outlook remains sanguine, with several banking institutions and credit agencies projecting GDP growth rate to fall between 6.5% to 7.5% for FY 2017. The economy is expected to maintain its upward trajectory, bolstered by the country’s strong domestic demand, within-target domestic inflation, stable OFW remittances, accelerated government spending, and the recovery of export numbers. The confluence of these factors bodes well for the auto industry as they serve as tailwinds for increased auto demand. With this, HARI is well in position to achieve more milestones to cap its 15th year of operations in the Philippines.

 

 april2017