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New lemon law put to the test

THE A6 has already won multiple awards from various groups and publications early in the year.

A test case invoking the Philippine Lemon Law, the new legal protection for Filipino consumers who purchase new motor vehicles that turn out to be defective, has been filed in the Department of Trade and Industry (DTI).

Posted: October 13th, 2014 in Latest Business Stories | Read More »

Road map points to revitalized auto industry

Toyota Innova assembly at Santa Rosa factory.  PHOTO BY TESSA SALAZAR

The revitalization of the local automotive manufacturing industry is expected to generate as much as 300,000 new jobs under the Comprehensive Automotive Resurgence Strategy (CARS), a program that contains fiscal and nonfiscal incentives for Philippine carmakers.

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

Vehicle sales up 41% in September

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Vehicle sales in the Philippines are expected to reach 300,000 units by 2015, on the back of a robust economy, growing middle class and increased remittances from overseas Filipino workers.  FILE PHOTO

The Philippine automotive sector continued its stellar performance in September, as it posted a 41.7-percent surge in vehicle sales to 20,924 units, reportedly a record high in monthly sales of members of the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi).

Posted: October 10th, 2014 in Editor's Pick,Headlines | Read More »

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 »

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