Toyota Motor Philippines Co. is set to invest nearly P500 million this year to raise the production output of its facility in Sta. Rosa, Laguna, and further increase the local content of the Vios, which is being…
BAYOMBONG, Nueva Vizcaya—Another shipment of imported used vehicles arrived at the free port in Sta. Ana town, Cagayan province, on Friday, amid a cloak of secrecy that Cagayan Economic Zone Authority (Ceza) officials have apparently put over…
ROME – Italian carmaker Fiat said on Wednesday it had agreed to buy up the remainder of Chrysler in an historic $3.65-billion (2.66-billion-euro) deal, paving the way for a full merger that will create a new global…
Investors are considering making the Philippines their gateway for their planned investments in the region, in preparation for the formation of the Asean Economic Community by 2015. “With the AEC 2015 in the horizon, there is a…
Malacañang has ordered the transfer of the post-entry audit function of the Bureau of Customs (BOC) to a unit headed by Internal Revenue Commissioner Kim Henares. “I received a copy of the executive order on the transfer…
They made the Philippine automotive industry in 2013 much brighter and a lot more exciting. Here are some of those who made the biggest news in the past 12 months. Orlando Alvarez Jr. In June, Alvarez made…
HYUNDAI Asia Resources, Inc. (HARI) sold 16,220 motor vehicles by the end of the third quarter of 2013, thereby sustaining its 10 – 11 percent market share and third top ranking in the auto industry after market…
Last April, Isuzu Philippines formally introduced its new company president to the members of the motoring media as Nobuo Izumina officially replaced Ryoji Yamazaki, who was assigned back to Japan as managing director of Isuzu Car Life,…
BAYOMBONG, Nueva Vizcaya—Customs officials have admitted to being helpless against the influx of imported used vehicles into the Cagayan Special Economic Zone and Freeport (CSEZFP) in Sta. Ana town, Cagayan province. “We have our backs against the…
2013 was a year of both challenge and success for the Philippine auto industry. We invited the presidents of all of the car companies to share with us their thoughts and reflections on the year that was,…
