KIA PH set on bringing back sales to 10K-level in 2019

By Kris Crismundo/PNA

MANILA — KIA Philippines aims to raise its sales back to the 10,000-unit level next year, as AC Automotive relaunches the brand in 2019.

In a media briefing Monday, KIA Philippines President Manny Aligada said that now, with the backing of the Ayala Group, selling 10,000 units in 2019 is once more within reach. The company already achieved this in 2015, when the South Korean car brand hit its record-high sales in this country.

“We would like to bring this number back or even exceed that,” Aligada said.

He noted that starting this year, KIA has been strengthening its brand emphasizing on its partnership with the Ayala Group. It also aims to boost its dealer network and launch competitive financing packages to drive sales.

KIA’s sales in the Philippines reached more than 10,000 units in 2015 before slowing down to 7,304 units in 2016, 5,186 units in 2017, and 2,400 units as of October this year, he revealed.

Its best-selling model in the Philippines is the Picanto model, its cheapest vehicle ranging around PHP635,000 to PHP798,000.

Aligada said KIA is set to launch three new models in the Philippines starting next month.

Currently, KIA has a total of 37 dealerships and outlets nationwide — 10 in Metro Manila and 27 in provinces.

AC Automotive manages six vehicle brands including Volkswagen, Honda, Isuzu, Maxus, KTM motorcycles, and KIA.

Popular

Palace: Conditions for oil excise tax cut or suspension under review

By Ruth Abbey Gita-Carlos | Philippine News Agency The government is currently reviewing the conditions for the proposed reduction and suspension of the excise tax...

Over 300 Filipinos from Middle East back in PH

By Brian Campued At least 317 Filipinos affected by the ongoing tensions in the Middle East are now back in the Philippines, the Department of...

PBBM hails Army’s enduring legacy of service to the nation, fellow Filipinos

By Dean Aubrey Caratiquet “I encourage the Army to exemplify integrity, discipline, professionalism—as these are the bedrocks of your institution.” As the country continues to grapple...

PBBM appoints Frasco as adviser on sustainable communities

By Dean Aubrey Caratiquet Building upon her 4-year tenure as the Department of Tourism’s (DOT) top official, former DOT Secretary Christina Frasco steps into a...