Mitsubishi Motors Philippines Corp. (MMPC) recently opened Northpoint Alliance Motor Corp. (NAMCO) in Laoag City, Ilocos Norte. NAMCO which is MMPC’s 46th dealership is strategically located on a 5,245 square meters lot at 50 Buttong, Airport Road, Laoag City, Ilocos Norte.
Toyota Motor Philippines (TMP) has hit a new record in July, as vehicle sales surged by 65 percent to 10,123 units during the month due to a strong demand for the Vios and Innova models.
By Amy R. Remo
The Philippines is poised to become a competitive manufacturing base for motor vehicles and its parts and components by 2025, as the government moves to implement a new industrial policy that is largely centered on deepening the local companies’ participation in the global value chains (GVC).
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.
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.