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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 »

PH car industry still lagging behind Asean neighbors

The Philippine automotive industry continued to trudge behind its Southeast Asian neighbors, ranking last among five countries in terms of motor vehicle production as of end-December 2013.

Posted: February 13th, 2014 in Headlines | Read More »

Sales of Ford vehicles surge 79%

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Ford Group Philippines posted a 79-percent surge in vehicle sales in the first eight months to 8,360 units, making it the fastest growing automotive brand in the country this year.

Posted: September 6th, 2013 in Headlines | Read More »

Trading on Berjaya suspended following buy-in deal into UK car distribution firm

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berjaya logo

The Philippine Stock Exchange suspended trading on Berjaya Philippines Inc. on Monday following the acquisition by the local unit of Malaysian conglomerate Berjaya of a 29.81 percent stake in London-listed luxury car distribution firm H.R. Owen Group.

Posted: June 17th, 2013 in Latest Business Stories | Read More »

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