Toyota Corolla Cross Hybrid While many may want to start going green and shift to cars that emit less pollutants, it’s not necessarily an easy switch, particularly with all the daunting technology involved and the sometimes high price. Yet Toyota hopes to make that switch easy with their new...
Race broadcast live online After a break in 2020, Toyota Motor Philippines’ premier racing series is making a comeback. The 2021 Toyota Gazoo Racing Vios Cup returns with the first leg happening this July 10, 2021. Now headlined by Toyota Gazoo Racing, Toyota’s global motorsports brand, this...
CARS (Comprehensive Automotive Resurgence Program Participants) Program participants Mitsubishi Motors Philippines Corp. (MMPC) and Toyota Motor Philippines (TMP) are still behind in the production volume commitment of their enrolled models. The Board of Investments (BOI), which administers the...
GT Capital Holdings, Inc., the flagship of the Ty family, reported a 53 percent drop in core net income to P7.4 billion last year from the P15.8 billion earned in 2019. In a disclosure to the Philippine Stock Exchange, the firm said consolidated net income reached P6.5 billion last year, 68...
Toyota Motor Philippines (TMP) has tied up with a Cebu-based taxi service company to modernize public utility vehicle in the country’s second largest economic hub. In a statement, TMP said it partnered with Ogre Transport Inc., a Cebu-based taxi service company, and the Land Transportation...
Industry mobility leader Toyota Motor Philippines (TMP) has unveiled an update of its best-selling and locally assembled multi-purpose vehicle (MPV), the Toyota Innova. The 2021 update of Innova is the latest in a series of new launches by TMP even during this pandemic. “The introduction of the...
Toyota wants to ensure that customers all over the Philippines get a high quality vehicle, regardless of the distance from Toyota’s main operating facility in Santa Rosa, Laguna. In pursuit of this, Toyota Motor Philippines (TMP) will start operations of P4.5-billion Batangas Vehicle Logistics...
Automotive leader Toyota Motor Philippines (TMP) has urged Filipinos to patronize locally produced vehicles as it supports government efforts to promote local car production even turning bullish with 30 percent recovery growth on sales and the operation of its P4.5-billion new logistics hub...
Toyota Motor Corporation (TMC) Japan, which local subsidiary Toyota Motor Philippines (TMP) imports 39 completely built up (CBU) models, said the Philippines’ imposition of safeguard measures on imported CBU passenger cars and light commercial vehicles (LCVs) will not lead to increased...
Board of Investments (BOI) Managing Head Ceferino S. Rodolfo is amenable to a three-year delay in the compliance of the volume requirement by participants of the Comprehensive Automotive Resurgence Strategy (CARS) Program in consideration of the setback caused by the pandemic. Rodolfo made...
Participants to the tax incentive-driven Comprehensive Automotive Resurgence Strategy (CARS) Program have categorically told the government they cannot meet the agreed volume production requirement over the specified 6-year period. Rommel T. Gutierrez, vice-president of Toyota Motor...
Coca-Cola Beverages Philippines, Inc. (CCBPI), the bottling arm of C oca-Cola in the Philippines , has tapped the country’s leading automotive company, Toyota Motor Philippines, Corp. (TMP), and leasing partner, Orix Rental Corporation (ORC), to provide new vehicles for its sales...