Hyundai 1st Quarter Sales Report - Industry News
111 views · Published 9 June 2016 · 1:10 · Indexed 1 November 2026
Channel: Auto Focus · 2016 · Autos & Vehicles
Hyundai Asia Resources, Inc. or HARI, the official distributors of Hyundai vehicles in the country displayed optimistic growth for the first three months of 2016. Ending the first quarter with 7,469 units, sales are up by 39% compared to the first quarter of the previous year. Quarter-on-quarter results also show auspicious results in automotive sales as the company also posted an identical 39% growth. The Passenger Cars (PC) segment surged by 42% or 5,186 unit in the 1st quarter as compared to the same quarter of 2015. Light Commercial Vehicles (LCV) contributed substantially with 33% growth compared to the same period of the previous year. On the other hand, quarter-on-quarter results show a 23% pick up in sales for PC and a 99% increase for LCV.
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