PitBoard: Nissan opens 2015 with ‘New Year, New Nissan’

MANILA, Philippines - Getting a new car this New Year? Choose from Nissan Almera, Sylphy, Urvan, and Navara and get the hottest deals with Nissan’s ‘New Year, New Nissan’ promo.

From January 5 to February 28, Nissan gives you the opportunity to drive home your own Nissan vehicle by offering the All-In Low Down Payment promo and pay for as low as P66,000.

Not only that, Nissan is giving away more treats on top of the All-In Low Down Payment promo. Making the Nissan Sylphy more affordable for customers, an additional discount for 2014 model units will be given away. Likewise, this promo is a treat for entrepreneurs who wish to purchase a Nissan Urvan by getting 2 months free amortization. On the other hand, customers who prefer selected variants of Nissan Almera and Nissan Navara will receive a gas card worth P10,000, perfect to jumpstart that long awaited road trip with family and friends. A purchase of any Nissan vehicle included this promo comes with 3 years free LTO registration, 1-year comprehensive insurance, and free Chattel Mortgage Fee.

To cap off the New Year deal, customers are also qualified to join the Trip to Boracay raffle promo by test driving any Nissan vehicle during the promo period. There will be one winner everyday from January 5 to February 28 and up for grabs is a 3D/2N accommodation for two in Boracay Island, complete with airfare and airport transfers.

There is no better way to start 2015 than riding a Nissan so do not miss out on our great deals and great rides. Visit your nearest Nissan dealership today to know more.  For more information, visit www.nissan.ph or go to our Facebook page https://www.facebook.com/NissanPhilippinesInc.

Eastwest, Hyundai renew credit card partnership

EastWest Bank and Hyundai Asia Resources, Inc. (HARI) recently renewed their exclusive co-brand partnership for Hyundai MasterCard, which was launched in 2011 as an exclusive and premium lifestyle motoring card.

The Hyundai MasterCard allows cardholders to enjoy superior benefits, being the only motoring card in the market to offer rebate on fuel purchases at any gasoline station nationwide and discount on preventive maintenance service (PMS) parts & labor and selected accessories at all authorized Hyundai dealerships. It also entitles cardholders to year-round premium dining and shopping perks and privileges at EastWest’s partner merchants.

“The Hyundai MasterCard is an undisputable first in the local auto industry. Together with our partner, EastWest, we are proud and delighted to bring our customers’ brand experience to the next level with new and exciting perks,” said HARI President and CEO Fe Agudo.

EastWest EVP and Consumer Lending Cluster Head Jackie Fernandez, added, “With our renewed partnership, cardholders can expect new and enhanced features of the Hyundai MasterCard—all to provide an even ‘more’ exciting and rewarding drive.”

Hyundai closes 2014 with 4% growth

Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, ended 2014 on a positive note as sales accelerated to 23,019 units, up by 4 percent from 2013 total sales of 22,033 units. However, December sales proved to be a disappointment as sales contracted by 33 percent to 1,614 units compared to December 2013 sales of 2,416 units.

“As the Philippine economy continues to be a bright spot for growth in Asia, Hyundai drives forward in 2015 as we strengthen our service excellence and expand our product line,” said Ma. Fe Perez-Agudo, HARI President and CEO.

For the month of December, slowdown was seen in both Passenger Car (PC) category and Light Commercial Vehicle (LCV) category. The PC category reported 28 percent decline in sales to 1,155 units in December. Despite the category’s slow growth in December, PC category finished the year strong with 17 percent growth in sales to 16,117 units from 2013 sales of 13,774 units.

Sales for the LCV category posted a decline of 44 percent in December to 459 units. Weak December sales brought total LCV sales tally to 6,902 units in 2014, down by 16 percent compared to 2013 sales of 8,259 units.