George Ty, whose company owns a majority of Toyota Motor Philippines (TMP), was ranked No. 369 in the annual Forbes list of the world’s billionaires. His fortune was pegged at $4.4 billion. TMP, the country’s leading automotive…
Local automotive parts makers have urged the government to institute the necessary measures that could give them an “advantage” over imported car parts and enable them to be more competitive compared to their counterparts in the region.…
TOYOTA Motor Philippines (TMP) started the year strong as its vehicle sales surged by 23 percent to 8,709 units in January this year, enabling the country’s leading automotive company to cement its leadership in the market. The…
MANILA, Philippines–Local vehicle importers are targeting a 20-percent growth in sales this year, due to an expected surge in demand for small cars and small sports utility vehicles. In 2014, members of the Association of Vehicle Importers…
TOYOTA Motor Philippines (TMP) is just beginning to rev up its engine. The company is preparing to sustain its strong performance over the next five years, as it targets to almost double its vehicle sales to about…
MANILA, Philippines – As the nation watched three Air Force planes land in Villamor Airbase with the remains of 42 of the 44 elite cops killed in an encounter in Maguindanao, President Benigno Aquino III was in Laguna,…
TOKYO — Toyota Motor Corp. stayed at the top in global vehicle sales in 2014, but is pessimistic about this year. The Japanese automaker sold 10.23 million vehicles, beating out Volkswagen and General Motors to take that…
MITSUBISHI Motors Philippines Corp. (MMPC) is confident it would sustain its strong growth momentum this year as it expects vehicle sales to grow by 24 percent to 62,000 units this year, from 50,085 units in 2014. This…
TO SAY that Toyota continues to grow amidst a more competitive market is one thing. But what’s more noteworthy is the rate at which the country’s biggest car maker has leaped in terms of number of cars…
MITSUBISHI Motors Philippines Corp. (MMPC) had had a very busy and robust year. Earlier this month, MMPC held the second installment of the 2015 Mitsubishi ASX media drive in Anvaya Cove in Subic Bay. The ASX, or…
