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Toyota sets P2B investment

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AP FILE PHOTO

Toyota Motor Philippines Co. (TMP) plans to invest another P2 billion in its manufacturing plant in Sta. Rosa, Laguna, as it prepares to embark on a full model change of the Innova given its bullish outlook on the local automotive sector.

Posted: August 21st, 2014 in Headlines,Latest Business Stories | Read More »

China says Mercedes guilty of price abuses

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Mercedes-Benz has become the latest global automaker that Chinese investigators say violated the country’s anti-monopoly law.

Posted: August 18th, 2014 in Latest Business Stories | Read More »

Toyota bullish on locally assembled vehicles

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AP FILE PHOTO

Toyota Motor Philippines Corp. (TMP) said sales of its locally made vehicles have been revving up amid a continued expansion of its middle class market.

Posted: August 18th, 2014 in Headlines,Latest Business Stories | 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 »

Toyota recalls 2.27M vehicles globally over airbag defect

AP FILE PHOTO

Toyota on Wednesday said it was recalling 2.27 million vehicles globally over an airbag system defect that could cause a fire, the latest in a series of callbacks by the world’s biggest automaker.

Posted: June 11th, 2014 in Latest Business Stories | Read More »

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