• HARI Achieves Double-digit Sales Growth for 2017

    “Listening and understanding the voice of customers led to HARI’s significant growth in 2017. Our success is our customers’ success.” --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 its 2017 sales with a record-high of 37,678 units, a 12% sales growth from 33,695 units in 2016.   The Passenger Cars (PC) segment grew by 7% in 2017, registering sales at 25,529 …

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  • HARI Gears Up for TRAIN

      January 22, 2018, Bonifacio Global City. Management of Hyundai Asia Resources Inc. (HARI) welcomed Department of Finance (DOF) Assistant Secretary Ma. Teresa S. Habitan for an exclusive briefing on the impact of the Tax Reform for Acceleration and Inclusion (TRAIN) Law (RA 10963) on automotive firms and related industries, such as fuel and real estate. She also discussed the second TRAIN package, which proposes the reduction of corporate income tax rates and the rationalization of business …

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  • Hyundai, GK Kick off Next Leg of Partnership for Share Prosperity with new vehicle donation for fast-rising social enterprises

    Hyundai Asia Resources, Inc. (HARI), through its corporate social responsibility (CSR) arm HARI Foundation, Inc. (HFI), renewed its commitment to support Gawad Kalinga’s (GK) social entrepreneurship program with the donation of five vans that will further drive GK’s spirit of innovation and enterprise to more parts of the country. The vehicle turnover ceremony capped the 5th Global Social Business Summit which was held at the Hyundai Center for Green Innovation located in GK Enchanted Farm in …

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  • Together is always better: Hyundai, Gawad Kalinga Explore New Approaches for Shared Prosperity at 5th Global Social Business Summit

    Hyundai Asia Resources, Inc. (HARI), through its corporate social responsibility (CSR) arm HARI Foundation, Inc. (HFI), renewed its commitment to support Gawad Kalinga’s (GK) social entrepreneurship program at the 5th Global Social Business Summit held at the Hyundai Center for Green Innovation. HFI President Ma. Fe Perez-Agudo joined a panel of leaders from the public and private sectors to tackle the topic, “A Fresh Connection for Communities: New Approaches for Shared Prosperity.” At the …

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  • Hyundai Empowers Industries in Batangas City

    At the groundbreaking of Hyundai Trucks and Buses Batangas were: (L-R) from Hyundai Asia Resources, Inc. (HARI) VP – Commercial Trade Jimmy Trazo, SVP – Trade Operations and Development Cluster Numeriano Cortez, Jr., EVP and CFO Ladislao Avila, Jr., and President and CEO Ma. Fe Perez-Agudo; from Shaw Automotive Resources, Inc. (SARI), President Felix Limcaoco III, SVP & COO Doroteo Sornet, and VP for Operations Maria Antonietta Alonzo.   Hyundai Asia Resources, Inc. (HARI) President and CEO …

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Hyundai Empowers Industries in Batangas City

HTB Batangas PR

At the groundbreaking of Hyundai Trucks and Buses Batangas were: (L-R) from Hyundai Asia Resources, Inc. (HARI) VP – Commercial Trade Jimmy Trazo, SVP – Trade Operations and Development Cluster Numeriano Cortez, Jr., EVP and CFO Ladislao Avila, Jr., and President and CEO Ma. Fe Perez-Agudo; from Shaw Automotive Resources, Inc. (SARI), President Felix Limcaoco III, SVP & COO Doroteo Sornet, and VP for Operations Maria Antonietta Alonzo.

 

Hyundai Asia Resources, Inc. (HARI) President and CEO Ma. Fe Perez-Agudo and Shaw Automotive Resources, Inc. (SARI) President Felix Limcaoco III, along with other top executives, led the groundbreaking ceremony of Hyundai Trucks and Buses Batangas City located along Diversion Road in Balagtas, Batangas City.

 

Mr. Limcaoco expressed the team’s strong commitment to serve businesses in the provincial city, saying, “We are ready to address Batangas City’s growing mobility needs, especially those of its logistics and transport sectors.”

 

For HARI’s part, Ms. Agudo responded, “Batangas is in the heart of CALABARZON, and the Batangas port serves as the international gateway for industrial and commercial trade with the rest of the world, requiring vast potential for moving international cargo, local produce and people. With the valuable addition of Hyundai Trucks and Buses Batangas to our Hyundai CV dealer network, we are empowered to move the economy further. Ang GUSTO nila, KAYA nating ibigay. KaSAMA nila tayo sa pagsulong ng maunlad na negosyo at kalakal sa Batangas City at CALABARZON.

 

2017 was a banner year for Hyundai trucks and buses. On its first full year of operations, HARI’s CV business grew by 883% from 2016, eclipsing the previous distributor’s all-time-high sales, and is poised to account for 10% of total vehicle sales in the next five years, aiming to double in scale by 2025. Moving into 2018, HARI aims to continue broadening its corporate horizon by addressing the freight, payload, and mass mobility needs of enterprises in Metro Manila and the emerging growth centers in the regions.