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Cars program seen saving PH $16.84B

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AP FILE PHOTO

The proposed Comprehensive Automotive Resurgence Strategy (CARS) is expected to generate as much as $16.84 billion— or about P757.8 billion—in savings for the country.

Posted: October 18th, 2014 in Headlines,Latest Business Stories | Read More »

Honda wants direct subsidy for Filipinos in buying PH-made cars

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Honda H emblem

Honda Cars Philippines Inc. has urged the government to use a portion of the proposed $600 million support for the automotive industry for a program that would enable more Filipino consumers to purchase locally assembled vehicles.

Posted: October 9th, 2014 in Latest Business Stories | Read More »

Inquiry on automotive sector roadmap sought

A lawmaker has filed a resolution seeking an inquiry on the proposed automotive manufacturing roadmap to ensure that the new polices to be laid out for the industry will be aligned with the government’s existing infrastructure plans.

Posted: September 25th, 2014 in Headlines | Read More »

Vehicle sales seen to surge by almost 40% in August

AP FILE PHOTO

Vehicle sales in August may have risen by 39.5 percent from the 13,700 units sold in the same month of 2013, the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) said on Thursday.

Posted: September 12th, 2014 in Headlines,Latest Business Stories | Read More »

Hyundai steps up a gear to capture market share

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STAREX: Hyundai’s enduring symbol of family. photo: http://www.hyundai.ph

Hyundai Asia Resources Inc. (Hari), the official distributor of Hyundai vehicles in the Philippines, is a latecomer in the local automotive industry, and yet Hyundai managed to become one of the leading auto brands in just a few years.

Posted: August 15th, 2014 in Headlines,Inquirer Features | Read More »

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