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Imported car sales up 19% in 9 months

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Distributors and importers of motor vehicles posted a 19-percent growth in sales to 27,013 units in the nine months to September, with both the passenger car and commercial vehicle segments performing strongly.

Posted: October 24th, 2014 in Headlines | Read More »

DTI: Auto roadmap to offer perks, not subsidies

Trade Secretary Gregory L. Domingo: Incentives, not subsidies. INQUIRER FILE PHOTO

The Department of Trade and Industry is set to wind up discussions over the proposed automotive manufacturing roadmap, which will provide highly attractive fiscal incentives to a limited number of participants, and only for certain vehicle models.

Posted: September 11th, 2014 in Headlines,Latest Business Stories | Read More »

Car buyers to find refuge in ‘lemon law’

The Department of Trade and Industry hopes to publish and release by Nov. 7 the implementing rules and regulations (IRR) of the Philippine Lemon Law, which will protect consumers from business and trade misconduct related to the sale of motor vehicles.

Posted: August 2nd, 2014 in Headlines | Read More »

Toyota, Ford hit record sales in May

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Toyota Motor Philippines Co. and Ford Group Philippines hit record vehicle sales in May, driven largely by the steady increase in local demand.

Posted: June 7th, 2014 in Headlines | Read More »

German firms press lifting of truck ban

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GPCCI general manager Nadine Fund: Reconsider truck ban PHOTO FROM GPCCI.ORG/

German firms operating in the country have joined repeated calls for Manila Mayor Joseph Estrada to lift the truck ban in key routes in Manila, stressing that this “regretful” policy will only cripple the country’s booming economy.

Posted: March 13th, 2014 in Editor's Pick,Headlines | Read More »

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