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...
Barely two months after its successful launch of the G50 MPV , Maxus Philippines, hopes to continue its momentum in 2020 with the launch of another model, this time an SUV. Maxus, a British-heritage brand distributed by Ayala Corp. (AC) Motors, had just entered the Philippine market last year....
The executive team of AC Motors, the vehicle distribution and retail dealership division of the Ayala Group, has been reshuffled and reorganized into two distinct divisions - automotive and motorcycle – to move past the current pandemic and position for growth. AC Industrials Chairman and...
The private sector-driven electric vehicle (EV)industry in the Philippines has already generated ₱1.305 billion in investments with annual production capacity of 150,000 units of a wide range of electric vehicle models as the country aims to become a regional production hub for clean and...