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While I generally like cars to go fast, because they are more fun, I’m a huge fan of Shell Eco Marathon, which is all about efficiency rather than outright speed.
TOKYO — The head of Japanese automaker Subaru bowed deeply in apology Friday as the company admitted that it has been carrying out flawed inspections of its Japan-made cars for years.
Dasher bounded under the gentle sunlight of a sleepy Saturday morning. From afar, his family watched his enthusiasm with fondness. The two-and-a-half-foot tall Siberian Husky stared back as his family chatted with a young man with glasses. Excitement turned to curiosity as Dasher’s chocolate eyes followed the unfamiliar man as he walked towards him. The […]
Conglomerate San Miguel Corp. is preparing for its next wave of diversification which seeks to add next-generation technology businesses such as the production of micro-chips, smart phones and electric cars to its portfolio. SMC president Ramon S. Ang told reporters after the stockholders meeting of Top Frontier Investments Holdings Inc. on Wednesday that SMC was […]
About 7,000 workers employed in small- and medium-scale automotive parts manufacturing firms may lose their jobs this year following the scheduled phase out of select car models that couldn’t comply to stricter fuel emission standards, a top official of the Parts Makers Association Inc. (PPMA) said. Isuzu Philippines Corp. (IPC) and Mitsubishi Motors Philippines Corp. […]
Months after they made their call to be part of the supply chain of the CARS program, small- and medium-sized parts makers have yet to be informed if they would be part of the government-initiated project at all, said a top official of the Parts Makers Association Inc. (PPMA). Under the government’s P27-billion Comprehensive Automobile […]
Petron Corp. saw its full-year net income surge 73 percent to P10.8 billion in 2016 on record-high sales volume. The homegrown oil refiner, which is also present in Malaysia, said in a statement that its performance last year was also driven by operational efficiency as well as effective risk management. Business segments in both the […]
The Securities and Exchange Commission has approved a plan by Mazda car dealer Bermaz Auto Philippines Inc., an affiliate of Malaysian conglomerate Berjaya, to raise as much as P1.24 billion from a local stock market debut. Based on its prospectus, Bermaz plans to sell 155 million in primary and secondary common shares at a maximum […]
These are great times, indeed, for Mitsubishi to be in the Philippines.
Pilipinas Shell Petroleum Corp. has priced its initial public offering at P67 per share, allowing the oil firm to sell as much as P19.5 billion to the public. The oil firm has finalized its offering at 275 million shares, which can be raised to 291 million if overallotment is exercised, said Reginaldo Cariaso, managing director […]