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Toyota recalls 690,000 pickups in US over fire risk

Toyota Pickup Recall

Toyota on Monday said it was recalling about 690,000 Tacoma pickup trucks in the United States to fix a suspension system flaw that could result in vehicle fires.

Posted: September 30th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Local vehicle industry expects record sales by yearend

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FILE PHOTO

The country’s vehicle industry is expected to shrug off last month’s lackluster sales and post record numbers for the rest of the year, fueled by bright economic prospects and relatively low interest rates.

Posted: September 27th, 2014 in Headlines,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 »

Automakers see continued robust PH demand

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FILE PHOTO

Members of the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) unveiled new models and concept cars at the 5th Philippine International Motor Show on Thursday, as local automotive firms seek to tap the continued and robust growth in demand for vehicles in the country.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

Hyundai Motor to pay $9.6 billion for Gangnam land

AFP FILE PHOTO

A consortium led by Hyundai Motor Co. has offered 10 trillion won ($9.6 billion) for land in Seoul’s tony Gangnam district where it will build a new headquarters.

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

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