Hyundai PH's 1st Semester Sales Dip by 8.1%

Hyundai Accent
Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the country, capped off its 1st Semester 2018 sales with 15,957 unit sales. Despite a conservative performance with an 8.1 percent decline compared to the 1st Semester of 2017, the brand experienced a minimal drop relative to the performance of the Philippine automotive industry. The 2nd Quarter alone saw vehicle sales at 7,226 units with June being the top performing month with 2,827 units sold; 37.6 percent more than the 2,054 sold in previous month. 1st Semester segment results showed a 10 percent slowdown for the Passenger Car (PC) segment, while the Light Commercial Vehicle (LCV) segment made better progress with only a 3.9 percent decline. As the volume driver of the brand, the PC segment accounted to more than two-thirds of the total Hyundai vehicles sold in the market of the 1st Semester. Led by the Hyundai Eon and Hyundai Accent, the two name plates remain as part of the top selling passenger cars in the country. The Light Commercial Vehicles (LCV) segment owned the remaining one-third but took center stage as the segment increased by 4.9 percent, from 2,472 units in 2017 to 2,593 units in 2018. Propelled by the sale of the Hyundai H-100, it was the only model to have shown growth in both the 1st semester and 2nd quarter measures; 36.6 percent and 88 percent respectively. "Hyundai's 1 st semester sales remain consistent with the trend in the industry," said HARI President and CEO Maria Fe Perez-Agudo. "Nonetheless, we are confident that we can continue to respond to these challenges and certainly delight our consumers with our improved array of products and services as we are expecting greater potential for the rest of the year."

Read All

Featured Articles

Recommended Articles For You

Read All

Featured Hyundai Cars

  • Upcoming

Hyundai Car Articles From Zigwheels

  • News
  • Article Feature
  • Road Test
  • Hyundai Accent likely to rejoin PH roster
    Hyundai Accent likely to rejoin PH roster
    Ruben Manahan IV . Jun 26, 2025
  • Hyundai sets up direct operations in Malaysia
    Hyundai sets up direct operations in Malaysia
    Cesar Miguel . Jun 26, 2025
  • Hyundai N bags 5th straight win at 24H Nürburgring
    Hyundai N bags 5th straight win at 24H Nürburgring
    Ruben Manahan IV . Jun 25, 2025
  • Hyundai brings back Kona to PH market, now in HEV form
    Hyundai brings back Kona to PH market, now in HEV form
    Ruben Manahan IV . Jun 20, 2025
  • All-new Hyundai Kona to be revealed at this week’s HME?
    All-new Hyundai Kona to be revealed at this week’s HME?
    Ruben Manahan IV . Jun 17, 2025
  •  GAC GS8 vs rivals: what would you pick?
    GAC GS8 vs rivals: what would you pick?
    Cesar Miguel . Jan 20, 2025
  • Toyota Tamaraw vs. the competition
    Toyota Tamaraw vs. the competition
    Cesar Miguel . Jan 10, 2025
  • All-electric skirmish: Hyundai Ioniq 5 vs. Tesla Model Y
    All-electric skirmish: Hyundai Ioniq 5 vs. Tesla Model Y
    Cesar Miguel . Jan 07, 2025
  • Ford Explorer vs. the competition
    Ford Explorer vs. the competition
    Cesar Miguel . Jan 07, 2025
  • Hyundai Stargazer X vs. the competition
    Hyundai Stargazer X vs. the competition
    Cesar Miguel . Dec 18, 2024
  • Late bloomer: Hyundai Stargazer GLS Premium
    Late bloomer: Hyundai Stargazer GLS Premium
    Ruben Manahan IV . Mar 08, 2024
  • Fancy family MPV: Hyundai Stargazer X
    Fancy family MPV: Hyundai Stargazer X
    Paulo Papa . Feb 07, 2024
  • Timeless thriller: Hyundai Tucson 2.0 CRDi GLS
    Timeless thriller: Hyundai Tucson 2.0 CRDi GLS
    Ruben Manahan IV . Jan 10, 2024
  • How Driving Became Fun with the all-new Hyundai Tucson? Find Out Here
    How Driving Became Fun with the all-new Hyundai Tucson? Find Out Here
    Zigwheels PH Team . Jul 13, 2016
  • Hyundai Accent- What It has to Offer?
    Hyundai Accent- What It has to Offer?
    Zigwheels PH Team . Jun 03, 2016