Mitsubishi Motors Corp. (MMC) of Japan is beefing up its manufacturing presence in the Philippines. After acquiring the Santa Rosa, Laguna assembly facilities of Ford Philippines, the Japanese carmaker has announced that it has acquired a 90-percent…
The Toyota Group of Export Suppliers has announced that it will invest as much as P7.5 billion until 2016 for new projects. These will include using more locally manufactured parts in the Vios model, amid challenging export…
DETROIT (AP) — Brisk demand for SUVs and pickup trucks — and five sunny weekends — pushed U.S. auto sales to a nine-year high in May. Chrysler, Nissan and Toyota all reported double-digit sales gains over last…
Mitsubishi Motors Philippines Corporation (MMPC) has acquired the shuttered Ford plant in Sta. Rosa, Laguna, in a bid to expand its operations in the country. The company released a statement confirming the acquisition. In a telephone interview,…
Chevrolet Philippines has achieved unprecedented record numbers in terms of sales this past 2013. Chevrolet unit sales now ranks 9th overall in the Philippine automotive industry with an impressive 52% growth from 2012 to 2013 and…
Volkswagen Philippines, under Ayala company Automobile Central Enterprise Inc. (ACEI), made a big splash when it made its comeback in 2013. One obstacle for the group is the relatively high prices of its cars. One reason is…
The Philippine automotive sector continues to lag behind its Southeast Asian neighbors in terms of vehicle sales and production. Latest data from the Asean Automotive Federation showed that, as of end-November 2013, the Philippines ranked fourth among…
Ford Group Philippines posted record high sales of 13,285 units in 2013, largely fueled by the robust sales performance of its Ranger model. Vehicle sales in 2013 reflected a 41-percent surge for Ford, considered the fastest growing…
The natural calamities that hit the country in the second half of 2013 had tempered the growth in vehicle sales to a total of 181,283 units last year. Data from the Chamber of Automotive Manufacturers of the…
TOKYO — Toyota Motor is aiming to produce more than 10 million vehicles in 2014, a bullish target that could boost other industries in Japan, a report said Saturday. The Toyota group’s production may fall temporarily after…
