Hyundai Drives Up The 1st Semester With 53% Growth - Industry News
124 views · Published 11 August 2016 · 1:18 · Indexed 4 November 2026
Channel: Auto Focus · 2016 · Autos & Vehicles
Hyundai Asia Resources, Inc., the official distributor of Hyundai vehicles in the country continues its sales as it ended the 1st semester of 2016 with a 53% growth compared to the same period last year. Particularly, the company sold 8,893 units during the 2nd Quarter, a 67% increase from the sales of the same period in 2015. The Passenger Cars segment surged by 58% from the previous year to 11, 207 units in 2016. The 2nd quarter PC sales alone expanded by a 74% relative to the same period in 2015, attributed to strong pick up of the Accent model. The Light Commercial Vehicles (LCV) segment was also at par with growth as it pushed its year-on-year 1st semester sales up by 44%. Second quarter LCV sales alone expanded by 54%, thanks to the surge in sales of the All-new Tucson.
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