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Shift to electric, autonomous driving a matter of survival for car companies

  Sweeping technological and regulatory changes, including the development of electric cars and autonomous self-driving vehicles, are disrupting the automotive industry worldwide. The emergence of climate change as a potent political issue, plus worsening air quality in major cities have changed public perception of cars, even as the World Bank has confirmed that one-fifth of […]

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Hyundai sales in PH grow 17.4% in April

DELIVERIES of Hyundai vehicles sold in the Philippines by distributor Hyundai Asia Resources, Inc. (HARI) rose 17.4% in April compared to the same month a year ago. HARI sold 2,795 units in April 2019. HARI’s April 2019 sales were boosted by its best-selling segment A sedan Reina, globally awarded crossover Kona, and the versatile H-100 […]

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Sign of recovery? Philippine car sales inch up in April

THERE is no pattern that can be discerned yet. This is according to Rommel Gutierrez, president of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), regarding domestic sales of vehicles this year. The executive, also a first vice-president at Toyota Motor Philippines, made the observation ahead of the release on Tuesday of CAMPI’s […]

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Sales of imported vehicles rose 12% in Feb

Sales of imported vehicles grew 12 percent in February from the same month a year ago, a sign of hope after a difficult 2018. The Association of Vehicle Importers and Distributors, Inc. (AVID) said in a statement on Thursday that vehicle sales reached 7,876 units in February from 7,017 units in the same month last […]

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Trump threatens tariffs on EU if no trade deal reached

WASHINGTON, United States – US President Donald Trump threatened Wednesday to impose tariffs on European auto imports if he is unable to strike a trade deal with the EU. “We’re negotiating. If we don’t make the deal, we’ll do that,” Trump told reporters in response to a question on new tariffs. Trump’s renewed threat against […]

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Vehicle assemblers post 15% drop in January sales

Vehicle manufacturers saw their sales volume drop by 15 percent in January, showing no sign of market recovery after the industry had its worst sales decline in decades last year. Vehicle sales for the first month of the year reached only 26,888 units, lower than the 31,645 units sold in January 2017. This was according […]

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Toyota profit plummets despite moderately solid sales

TOKYO  — Toyota’s fiscal third quarter profit plunged to 180.9 billion yen ($12.6 billion), about a fifth of what the Japanese automaker earned the previous year, despite relatively solid sales, the Japanese automaker said Wednesday. Toyota Motor Corp.’s October-December profit in 2017 had totaled 941.8 billion yen, helped by perks from U.S. tax reforms. Toyota, […]

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Vehicle sales suffer worst slump since ’98

Vehicle sales fell by 16 percent last year, the worst full-year decline since the financial crisis in 1998. Members of two large automotive groups in the country sold 357,410 units last year, much less than the 425,673 units sold in 2017. The Christmas spirit was also not enough to boost auto sales as December marked […]

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33 most influential people in the auto industry

It’s always fascinating to pick the brains of people poised to shape the future of countless others. In the automotive industry, there are world-renowned automobile designers, top executives in global headquarters, tycoons or taipans. Some may have been born with their glorious destinies laid out before them, while others have had to work their way […]

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August vehicle sales down

Vehicle sales dropped 14.1 percent in August, a slower decline from the previous month as the market starts to show signs of improvement, data showed. Sales fell to 30,313 units that month, lower than the 35,309 units vehicle manufacturers sold in August last year. Despite the drop, this is slower than the 24.1-percent year-on-year decline […]

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Jun 19, 2019

The Mazda 3 sedan and hatchback represent a crucial period in the Hiroshima-based manufacturer’s history.

May 29, 2019

The International Engine (now with + POWERTRAIN) of the Year Awards has a wide array of winners, and almost

May 29, 2019

f there's any hard evidence that this so-called "golden age of motorization" in the Philippines is well underway, it's

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