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Showing posts with label PHL Auto Industry. Show all posts
Showing posts with label PHL Auto Industry. Show all posts

April 8, 2024

Mitsubishi Motors PH, Security Bank Establish Mitsubishi Motors Finance Philippines


Mitsubishi Motors Philippines Corporation (MMPC) and Security Bank Corporation (SBC) have signed a joint-venture to establish Mitsubishi Motors Finance Philippines Inc. The new company will offer financing services to MMPC customers in the Philippines.

April 6, 2024

Under New Management, Chevrolet Reports 41 Percent Growth In Q1 2024


Chevrolet Philippines President and CEO Maria Fe Perez Agudo announced at the Manila International Auto Show (MIAS) that Chevrolet Philippines has accomplished a 41 percent sales growth in the first quarter of the year, driven by the Tracker, Camaro, and Trailblazer. This impressive growth has been realized through the company’s aggressive first quarter sales campaign and product road shows.

April 4, 2024

Chevrolet Philippines New Management Team Formally Unveiled At MIAS


Chevrolet Philippines formally announced its new management team at the Manila International Auto Show.

April 3, 2024

Astara Philippines Appoints New CEO And Country Manager


Astara Philippines has announced a significant change to its organizational structure with the appointment of Luis Torres Bruzón as CEO and Country Manager. In this newly created role, Torres Bruzón will spearhead Astara’s operational growth and establish the company as a leader in open and sustainable mobility solutions in the region.

April 2, 2024

Omoda And Jaecoo Appoints Industry Veteran To Head Operations


Ahead of its official brand launch at the Manila International Auto Show (MIAS), Omoda and Jaecoo has appointed a Philippine industry veteran as vice-president in charge of operations.

March 30, 2024

Last February, New Car Sales Had Fastest Growth Rate As Toyota Corners 45 Percent Market Share


New vehicle sales jumped 23 percent in February—the fastest growth rate in seven months, according to the joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA).

March 27, 2024

Astara Philippines Appoints JAC Motors Brand Head


Astara Philippines announced the appointment of Tonette Lee as brand head for JAC Motors in the Philippines starting March 22, 2024.

March 26, 2024

Yasuhisa Masuda Is Nissan Philippines' New President


Nissan announced the appointment of Yasuhisa Masuda as the President of Nissan Philippines, effective April 1, 2024. He will report to Toshihiro Fujiki, also newly appointed President, Nissan ASEAN and Thailand, and will be based in Manila.

March 19, 2024

BAIC Returns To Philippines Under UAAGI; Previews 5-Car Line-Up


United Asia Automotive Group Inc. (UAAGI) is now the official distributor of BAIC (Beijing Automotive Industry Holding Co. Ltd.) in the Philippines. BAIC Philippines will bring in a lineup of both traditional SUVs and modern crossovers.

March 16, 2024

Autohub Formalizes Zeekr PH Distributorship; Reveals Launch Line-Up


The Autohub Group has confirmed the initial line-up for its premium all-electric Zeekr brand. The partnership was sealed during the Autohub Group’s 25th anniversary celebrations.

March 11, 2024

Toyota Motor PH Secures Bureau Of Customs Level 2 Authorized Economic Operator Certification


Toyota Motor Philippines Corporation (TMP), recently received its accreditation and became one of the pioneer organizations to be certified as Authorized Economic Operator Level 2 from the Bureau of Customs (BOC). The BOC also recognized TMP for being the country’s second top importer, remitting a total of P 44 billion in duties and taxes and contributing to the agency’s positive collection in 2023.

March 10, 2024

Inchcape Bolsters Philippine Presence With 1.2-Hectare C5 Hub


Inchcape Philippines will further bolster its presence in the Philippines with the soon-to-open C5 hub. The facility, which used to house Subaru and Peugeot, has been transformed into the distributor’s mass market hub housing both Mazda and Changan.

March 7, 2024

AC Motors Rebrands To AC Mobility


AC Motors is now ACMobility. This rebrand of AC Motors to ACMobility reflects the transformation of Ayala’s mobility business, from one that was predominantly focused on selling automotive vehicles to an end-to-end mobility provider that encompasses services, infrastructure, and eventually digital platforms, among others.

February 23, 2024

What Is The State Of The Philippine Electric Vehicle Industry In 2023?


When the Philippine government passed the Electric Vehicle Industry Development Act or EVIDA Law in April 2022, it had the goal of moving the country towards a greener and fossil fuel-free environment. Among the perks the EVIDA Law granted was the reduction of vehicle excise tax to zero for Battery Electric Vehicles (BEVs) and 50 percent for Hybrid Electric Vehicles (HEVs).

February 21, 2024

Toyota Motor PH Appoints Masando Hashimoto As New President


Toyota Motor Philippines Corporation (TMP) formally introduced its new president, Masando Hashimoto. Hashimoto assumes leadership from Atsuhiro Okamoto, whose tenure saw remarkable resilience and growth amidst the most challenging years for the Philippine economy, navigating the impacts of the global health crisis.

February 16, 2024

January 2024 New Car Sales Up 15.5 Percent; Toyota Corners 47.25 Percent


New car sales are off to a strong start in 2024 as the joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA) shows. The CAMPI-TMA indicates that 34,060 new vehicles were sold in January 2024—a 15.5 percent jump from the same month in 2023.

February 13, 2024

Jetour Auto PH Is Now A Member Of CAMPI


Jetour Auto Philippines Inc. (JAPI) has officially joined the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI), the country’s largest auto industry organization.

February 7, 2024

Astara Appointed As JAC Distributor In The Philippines


Astara has now been appointed as the exclusive importer of JAC cars and pick-up trucks in the Philippines, marking the first cooperation between Astara and the brand globally. This agreement brings JAC’s wide range of SUVs and pick-up models to the fast-growing market, meeting the evolving needs of the Filipino consumers and commercial customers. Furthermore, in the future, the brand will launch electrified models, both 100 percent EV and PHEV, with the aim of establishing itself as the market’s benchmark.

February 6, 2024

Just How Important Is The Philippines To Mitsubishi Motors?


Pop quiz: what’s the biggest market for Mitsubishi in the world? If you think it’s Indonesia or Thailand, you’re wrong. It is, call us surprised too, the Philippines.

February 1, 2024

Jetour Breaks Into Top 20 Best-Selling Car Brands In The Philippines


Among the new automotive entrants in the Philippine market last year, Jetour Auto has, no doubt, been the most visible. But just how many units did they manage to sell?