A possible reintroduction of the popular 1990s Toyota Tamaraw and the resurgence of the car manufacturing industry in the Philippines are some of the topics that President Ferdinand “Bongbong” Marcos Jr. discussed with Japanese officials and investors during a series of meetings on Friday, Feb....
Toyota Motor Philippines Corp. (TMPC) and Mitsubishi Motors Philippines Corp. (MMPC) have produced a total of 207,165 units of their respective enrolled models under the Comprehensive Automotive Resurgence Strategy (CARS) program to date, or just half of the 400,000-unit volume required under the...
The Board of Investments (BOI) is looking at asking the two participants of the incentive-driven Comprehensive Automotive Resurgence Strategy (CARS) program to assemble another model or offer a value addition in exchange for the grant of their request to extend the six-year program. BOI Managing...
Domestic carsales in the first ten months this year jumped 30.9 percent to 280,300 units from 214,186 units in the same period last year, with Toyota Motor Philippines accounting for half of total industry sales. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc....
Mitsubishi Motors Philippines Corporation (MMPC) introduces Life Kyaraban , an oncoming series of roadshows which will start at the Glorietta Activity Center. It serves as an avenue for customers to not only see up close the latest Mitsubishi vehicles, including the new Xpander, but also thoroughly...
Mitsubishi Motors Philippines Corporation (MMPC) officially unveiled Mitsubishi Manila Bay, as its flagship Dendo Drive Station in the country. It is an outlet where customers can learn and experience a variety of energy sources represented by an Electric Vehicle (EV) or Plug-In Hybrid Electric...
The pandemic has significantly slowed down the domestic e-vehicle (EVs) industry in 2020, with EV registration dropping 35 percent versus pre-pandemic level, according to the Electric Vehicle Association of the Philippines (EVAP). eVAP logo At the virtual 9 th Philippine Electric Vehicle Summit...
Mitsubishi Motors Philippines Corporation (MMPC) has launched the New Mitsubishi Mirage G4, its top selling nameplate that is enrolled model in the incentive-driven CARS (Comprehensive Automotive Resurgence Strategy) Program of the government. MitsubishiMirageG42 Since its 2013 debut in the...
Mitsubishi Motors Philippines Corp. (MMPC), the country’s second largest car company, has issued a public advisory requiring buyers to post provisional cash deposit on brand new motor vehicle purchases affected by the provisional safeguard duty imposed by the government. In the public...
To benefit laid off auto workers A group of automotive workers has asked the government to reallocate a portion of the multi-billion worth of tax perks granted to participants in the tax incentive-driven Comprehensive Automotive Resurgence Strategy (CARS) Program as part of social amelioration...
