Think of it as like Popeye finding his can of spinach when a sputtering Kia brand in the Philippines got “adopted” by the uber-powerful Ayala Corporation sometime late last year. When Kia Philippines was formally re-introduced the…
Conglomerate Ayala Corp. has expanded its automotive portfolio with a deal to bring Maxus – a new brand of light commercial vehicles – to the Philippines, marking the fifth brand in its dealership portfolio. SAIC Maxus Automotive…
The industrial holding firm of conglomerate Ayala Corp. has hatched a deal to take over MT Misslbeck Technologies GmbH (MT), a German supplier of models, tools and plastic parts to the automotive manufacturing industry. AC Industrial Technology…
The Ayala and SM conglomerates have teamed up to submit a P25-billion unsolicited proposal to build an 8.6-kilometer elevated tollroad that will link Sta. Mesa, Manila to the Mall of Asia complex. The proposed tollroad “C3 Elevated…
Adventure Cycle Philippines, Inc. (ACPI) held a media kick-off for their KTM Orange Day Tour event last Friday, January 27 at the Italianni’s BGC, Taguig. Here’s the news from KTM: The kick-off event was attended by…
The power generation arm of conglomerate Ayala Corp. will acquire significant stakes in the geothermal assets being sold by multinational energy giant Chevron, the holding firm of the Zobel family said. In a press statement, Ayala Corp.…
THE AYALA group, which has debuted into the motorcycle business through a partnership with Austria-based KTM AG, has sold its very first KTM motorcycle. The buyer of the KTM 1190—which is designed for adventurers who like offroad…
CONGLOMERATE Ayala Corp. is debuting into the motorcycle manufacturing business through a new partnership with Austria-based KTM AG, which has chosen the Philippines to be its hub in Southeast Asia. This industrial venture is part of Ayala’s…
During its annual stockholders’ meeting, Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala announced the group’s five-year plan to increase its net income to P50B. Dubbed “Ayala 2020”, the plan also seeks to improve shareholder…
Ayala Corp. is preparing to be a bigger player in local automotive manufacturing, ready to pour billions of pesos in an industry long dwarfed by peers in the region but henceforth seen to benefit from rising consumer…
