Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, brought together experts from the automotive industry and thought leaders from private businesses and multi-lateral organizations in a groundbreaking knowledge forum, dubbed the Hyundai Innovation Congress (iCON), aimed to generate a new culture of innovation in the industry.
With the theme, “Harnessing Accessible and Responsive Innovation,” the first ever iCON formed part of the grand kickoff of the highly anticipated Manila International Auto Show (MIAS) 2017, considered the biggest motoring and driving event that draws hordes of guests every summer.
Volkswagen Philippines, the number one European car brand in the country, makes two big follow-ups to its success at the recently concluded 13th Manila International Auto Show by participating in two upcoming motoring events in Pasay City: the Auto Focus Multi-Brand Test Drive Festival at the SM Mall of Asia Concert Grounds along Seaside Avenue and at the TransSportShow at the SMX Convention Center.
“Riding on sustained demand in the automotive market, AVID’s sales growth story continues its upward trend as it picked up by 10% for the three-month period in 2017. This encouraging response further drives AVID to deliver top-notch products and services to our beloved customers.”
–Ms. Ma. Fe Perez-Agudo
President, Association of Vehicle Importers and Distributors, Inc. (AVID)
RECORD-HIGH MARCH SALES PUSH HARI Q1 GROWTH TO 18%
“With our recent achievements, we expect to ride on the crest of a new wave of automotive resurgence in 2017. Through innovation and relentless pursuit of our customers, we are confident that we will continue to forge new ground, one milestone at a time.”
– 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 March 2017 with record sales of 3,371 units—the highest monthly output in the company’s 15-year history. This pushed first quarter sales to 8,841, up by 18% as compared to the 7,469 units sold in the same period of 2016.
Volkswagen Philippines, the country’s number one European car brand in 2016, and Grand Canyon Multi-Holdings, Inc. launched recently the Iloilo dealership at the upper ground level of SM Iloilo along Benigno Aquino Sr. Avenue.
Volkswagen Iloilo is the result of a partnership between Volkswagen Philippines and GCMI, a successful automotive and car parts dealer established in 2005 which now has seven other dealerships in the city and in Panay Island.
The Iloilo dealership is Volkswagen Philippines’ second in central Philippines, the other being Volkswagen Bacolod.