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Formula One: Porsche buys South Africa’s Kyalami racetrack

A partial view of the Kyalami race track is seen Thursday July 24, 2014 north of Johannesburg. AP

South Africa’s Kyalami racetrack, which hosted Formula One Grand Prix races for nearly two decades, was bought by Porsche for nearly $20 million at auction on Thursday.

Posted: July 24th, 2014 in Latest Business Stories | Read More »

Honda recalls cars with faulty airbags

Screengrab from http://www.hondaphil.com/

Local automotive firm Honda Cars Philippines Inc. (HCPI) has announced the voluntary recall of 1,760 units of the Honda Fit, City, Civic, and Accord models that were sold in the Philippines, due to faulty front passenger airbags.

Posted: July 10th, 2014 in Latest Business Stories | Read More »

Honda bullish on smaller car demand

By

Honda Cars Philippines Inc. (HCPI) is bullish about retaining its leadership in the subcompact hatchback category with the launching of the third-generation, all new Jazz to the local market.

Posted: June 26th, 2014 in Headlines | Read More »

Honda, Mazda, Nissan issue recall over airbags

airbag

Honda, Mazda and Nissan are recalling millions of vehicles globally for a defective airbag manufactured by supplier Takata Corp. that could possibly explode.

Posted: June 23rd, 2014 in Latest Business Stories | Read More »

Isuzu targets more truck sales

Isuzu Philippines Corp. is looking to capture a bigger share of the truck market, particularly in the heavy duty category, with the introduction of two new models in the local market.

Posted: June 12th, 2014 in Headlines | Read More »

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