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Mitsubishi Motors Philippines opens its 46th dealership in Laoag City

Sojitz Corp., Mitsubishi Motors Phils. Corp. and Northpoint Alliance Motors Corp. together with Ilocos government officials celebrate the opening of the newest Mitsubishi Motors showroom in Laoag City, Ilocos Norte.

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.

Posted: August 15th, 2014 in Latest Business Stories,Motoring | Read More »

Vios, Innova push Toyota sales to PH record

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.

Posted: August 7th, 2014 in Headlines | Read More »

Auto parts manufacturing hub status eyed

By

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).

Posted: July 31st, 2014 in Headlines | Read More »

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 »

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