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December 18th, 2010 11:43 PM #1Hyundai Asia Resources (HARI) was not expecting to beat Honda Cars Philippines in the numbers game this year--but it did. Will it beat Mitsubishi in 2011?
HARI president and chief executive Fe Perez-Agudo said Hyundai is a "formidable" in the Philippine automotive market's No. 2 spot next year.
Perez-Agudo expects the brand to sustain its strong performance in 2011. Aside from the new Hyundai Accent and another car slated for launch early next year, Hyundai's top executive said the market’s demand for the Tucson remains high.
"We still can't satisfy the market's demand for the Tucson," Perez-Agudo said. "Some of our dealers are still reporting of a three-month backlog on their orders."
Sales of the Hyundai Tucson have almost doubled since its latest version was launched in December 2009. It covers close to 40 percent of the Philippines’ growing market for sport-utility vehicles.
In the entire light commercial vehicle segment where the Tucson belongs, Hyundai has registered a growth of 61.4 percent, with the Santa Fe’s sales growing by 36.8 percent and the Grand Starex by 46.3 percent from January to October.
Hyundai's products in the passenger car segment are also popular among Filipino motorists. The Getz registered a 135.2-percent growth while the diesel-fed Accent grew an astounding 447.9-percent even prior to the launch of its new version. The recently introduced Sonata posted a 19.2-percent year-to-date while the Genesis Coupe's monthly sales improved by 8.3-percent.
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December 19th, 2010 07:16 AM #3
Everything is possible naman
Who knows baka nga sa 2011 dahil parating na ang New Accent, New Elantra and 3rd Gen Santa Fe
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December 19th, 2010 08:51 AM #4
To get into the 2nd spot, Hyundai should have a model in the pick up segment.
But there is a great divide between the 2nd and the top-selling Toyota Motors.
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December 19th, 2010 04:58 PM #6sabi ko na senyo since 2006 pa sa Sta Fe thread, Hyundai will take over. pano ba naman mananalo ang japanese eh isang buong bansa ang kalaban nila with one unified Brand.
pag nalaman pa ng ibang tao ang sharing ng parts ng Hyundai-KIa mas matipid kaya eto i-export
unlike the Japs with Toyota, Mitsu, Honda, Nissan, Subaru, Isuzu, Suzuki, Mazda dami sobra tapos liit liit lang ng geographical area ng Japan to manufacture all of this
in time maging redundant na talaga ang brands ng Japan. mas madami pa sila brand kaysa Germany. and even Euro cars are taking a beating by Hyundai-Kia
parang sa electronics tandem ng Samsung-LG, tinalo na ang nOkia, now it's challenging apple. and they will win coz Bill Gates and Google are at their side
ang tingen ko talaga ang mga mauuna mag-fold na Japanese brand eh Mitsubishi and Subaru, these brands are the underdogs in the world market. then Mazda
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December 19th, 2010 05:03 PM #7Hyundai should just compete in the pricing of the L300FB. sobrang laki kasi ng H100 eh
tataka nga ako parang hindi sinasama ng Mitsubishi ang L300 sa sales report nila. tinatago ata eh kasi they're making a killing out of this segment. imagine nyo no power amenities, almazora casing lang nabebenta ng sub 700K
L300FB ang pinakamaraming car sa buong Pilipinas, lumabas lang kayo sa village at magbilang, i'm sure in 5 min. makakabilang na kagad kayo ng 6 na FB na nasalubong nyo
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December 19th, 2010 06:05 PM #9
tama yan
go importers!
i wanna see a CBU importer beat the assemblers
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December 19th, 2010 09:42 PM #10
Somewhat expected from a rushed car from a first time carmaker
Xiaomi E-Car