Toyota Philippines Bullish on Philippine Auto Sales Prospects
The local unit of Japanese carmaker Toyota is bullish about its sales prospects more than other car makers in the country. A few rivals have opted to relocate production of some of their models to Thailand citing high costs here, but Toyota said it w... more
CAMPI: Formal Auto Sales in Philippines Down by 3.1% in 2011
The overall formal automotive sector in 2011 sold a total of 165,056 units, 3.1 percent lower than the 170,348 units in 2010 pulled by the earthquake in Japan and the flooding in Thailand that disrupted global auto supply chain. A market penetration... more
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