HYUNDAI Asia Resources, Inc. (HARI) on Thursday launched its trucks and buses dealership showroom in Cebu.
The 2,000-square meter space is owned and operated by Hyundai Cebu Inc. (HCI), one of HARI’s commercial vehicle dealerships.
The dealership has after sales equipment and proactive maintenance services, and it houses a fleet of commercial vehicles for Cebu-based businesses.
Edward Vincent G. Onglatco, HCI president, said that the showroom was launched after long delays.
“We’ve been a dealer since 2016, and finally now we have a house for trucks and buses for our customers… our showroom for servicing and for our customers to view our products,” he said at the virtual launch on Thursday.
HARI President and CEO Ma. Fe Perez-Agudo said that the launch indicates a strong start for the company for the second half of 2021.
“Having been with us for two decades now, Hyundai Cebu Incorporated or HCI truly honors us with their courage and tenacity in the business,” she said.
HARI commercial vehicle sales — excluding light commercial vehicles — declined 93% to 20 units in May from 293 a month earlier, but it doubled its sales from just nine in May 2020.
Its commercial vehicle sales for the first five months increased by more than seven times to 731 units compared to the same period last year, a report from the Association of Vehicle Importers and Distributors, Inc. said.
Imported vehicle sales went up 293% to 4,864 units in May compared to the same month last year. — Jenina P. Ibañez
