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KTM Asia Motorcycle Manufacturing Inc., a partnership between Ayala Corp. and Austria-based KTM AG, will start assembling motorcycles in the Philippines. KTM Asia will be a new participant in the new Motor Vehicle Development Program (MVDP) under…
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Last November, the Philippine automobile industry, buoyed by first semester sales, raised its 2016 total sales target from 350,000 units to 370,000 units. The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) saw the higher target…
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The Philippines must seize a “unique but fleeting” window amid emerging trends in global manufacturing to establish itself as a pioneer in high-value manufacturing in Southeast Asia, the head of conglomerate Ayala Corp. Jaime Augusto Zobel de…
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The Philippine automotive industry sustained its stellar performance in the first 10 months of the year, with vehicle sales hitting 292,502 units during the period. This was a 24.5-percent increase from the 234,951 units sold from January…
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The government needs to focus on a long term vision for the Philippine automotive industry if it wants this sector to contribute significantly to the country’s economic growth. This was the message of Mitsubishi Motor Corporation president…
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Sales of vehicle importers and distributors surged 77 percent to 68,746 units in the first nine months of the year on the back of the stellar performance seen across all categories. For the third quarter alone, sales…
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The Philippine automotive industry scored another record in September as vehicle sales reached 31,451 units, up 16 percent from 27,069 units in the same month last year. This brought total vehicle sales in the first nine months to…
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Honda Cars Philippines, Inc. (HCPI), Honda’s automobile business unit in the Philippines, proudly announces its sales performance for the month of August 2016. HCPI’s Year-To-Date (YTD) sales grew by 19% from January to August with a total…
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Mitsubishi Motors Philippines Corp. (MMPC) is hiking its vehicle production capacity to 39,000 units annually in order to meet a growing domestic demand and the company’s requirements under a government-backed incentives program. To support this 47-percent increase…
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Top leaders of automotive firms in the country are bullish about the Philippine automotive industry, which is expected to breach the 500,000-unit-per-year sales mark as early as 2018—two years ahead of the revised target set by the…
