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Ford registered 34% jump in sales last March

Ford Group Philippines posted a 34-percent jump in total vehicle sales in March to 1,339 units, driven largely by the solid performance of its commercial vehicle segment.

Posted: April 4th, 2014 in Headlines | Read More »

Beetle makes Manila comeback

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Beetle 1.4 TSI. Photo by M 93/Wikimedia Commons/CC-BY-SA-3.0 (DE)

Ayala Auto Holdings Corp. has brought back to the Philippines the iconic “Beetle” to add to the growing line-up of Volkswagen vehicles being made available in the country.

Posted: April 3rd, 2014 in Latest Business Stories | Read More »

BOI plans to include e-vehicle industry in 2014 IPP

The Board of Investments is mulling over the proposal to include the electric vehicle industry in the 2014 Investment Priorities Plan (IPP) as the sector continues to seek more technological infrastructure and government support.

Posted: April 2nd, 2014 in Editor's Pick,Headlines | Read More »

Sale of imported vehicles up 18%

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The country’s vehicle importers and distributors posted an 18-percent growth in sales to 5,866 units in the first two months of the year, with both the passenger car and commercial vehicle segments registering strong performances during the period.

Posted: March 20th, 2014 in Headlines | Read More »

Porsche recalls new 911 model due to engine fire risk

FILE PHOTO

Porsche, the German maker of luxury sports cars, said Wednesday it is recalling all 911 GT3 models built this year due to risk of possible engine fire.

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

Toyota suspends Indian auto production amid labor unrest

AP FILE PHOTO

Toyota said Monday it has suspended production at its two Indian auto assembly plants in response to threats against management and “deliberate” assembly-line stoppages, following failed efforts to reach a labor deal.

Posted: March 17th, 2014 in Latest Business Stories | Read More »

Ford vehicle sales soared by 48% in February

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2012 Ford Ranger

Ford Group Philippines posted a 48-percent jump in its vehicle sales in February to 1,277 units, driven largely by the solid performance specifically of its pickup trucks.

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

GT Capital acquires Toyota dealer stake

AP FILE PHOTO

Tycoon George Ty-led conglomerate GT Capital Holdings Inc. has completed the takeover of a 60-percent direct stake in car dealership unit Toyota Manila Bay Corp. (TMBC).

Posted: March 6th, 2014 in Latest Business Stories | Read More »

Truck ban paralyzes BOC, port operations

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Prices of goods are expected to drastically increase in the coming days after truckers raised their hauling rates by an average of 50 percent effective March 15 as a result of the truck ban imposed by the city government of Manila.  INQUIRER FILE PHOTO

The Bureau of Customs (BOC) said private businesses as well as the government’s revenue collections had been hurt by the extension of the truck ban in Manila.

Posted: February 26th, 2014 in Featured Gallery,Headlines,Photos & Videos | Read More »

Hyundai vehicle sales in January up by 12.6%

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In this July 26, 2012, file photo, the logo of Hyundai Motor Co. is seen on its car at the company's showroom in Seoul, South Korea. Hyundai Motor Co. is recalling some Santa Fe SUVs and Sonata sedans because of problems with their air bags.  AP PHOTO/AHN YOUNG-JOON

Sales of Hyundai vehicles grew by 12.6 percent in January to 2,243 units, from 1,992 units in the same month last year.

Posted: February 14th, 2014 in Latest Business Stories | Read More »

PH car industry still lagging behind Asean neighbors

The Philippine automotive industry continued to trudge behind its Southeast Asian neighbors, ranking last among five countries in terms of motor vehicle production as of end-December 2013.

Posted: February 13th, 2014 in Headlines | Read More »

Vehicle sales jumped 27% in January

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Vehicle sales grew by 27 percent to 15,642 units in the first month of 2014, with Toyota capturing 45 percent of the market. AP FILE PHOTO

Vehicle sales grew by 27 percent to 15,642 units in the first month of 2014, signaling a strong start for the Philippine automotive industry.

Posted: February 11th, 2014 in Editor's Pick,Headlines,Photos & Videos | Read More »

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