Toyota Philippines Mulls Third Model; Rolls Out 500,000th Unit
Toyota’s Philippines unit has rolled out the 500,000th vehicle assembled in its Laguna facility and is aiming to get sales back on track to kick-start a year which started with a 26% decline to 3,127 units in January owing to continued parts shorta... more
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
Hyundai Philippines Upgrades Growth Target for 2012
The local arm of Hyundai Motor Co. expects to post double-digit sales growth this year after performance in January reportedly exceeded expectations, an official said. “Last month, I said we might have flat growth, but after the 40% sales growth fo... more
Toyota Philippines Official Sees 2012 Philippine Auto Sales Growing 7%
The Philippine car industry will recover this year with sales increasing by 7 percent to 177,000 units from 165,000 in 2011, Rommel Gutierrez, Chamber of Automotive Manufacturers of the Philippines president, told GMA News Online. Gutierrez, also cor... more
Toyota Philippines Scores Another Triple Crown
The Toyota Motor Philippines Corp. (TMPC) has done it again. For the 10th straight year, TMPC achieved another triple crown, cementing the company’s position as the number 1 car brand in the country in terms of sales. The triple crown is awarded to... more
Toyota Philippines Launches All-New Avanza 2012
The 2012 Avanza was unveiled by Toyota Motor Philippines recently, presenting a redesigned style and many improved features that will boost the multi-purpose vehicle’s (MPV) popularity in a market that has accepted it well since it was introduced i... more
Campi Report: Local Auto Industry Struggled in 2011
The past year was not very kind to the auto industry, with two major disasters—a devastating earthquake and massive flooding—dealing the sector one blow after the other in just a matter of months. Still reeling from the effects of the March 2011... more
Toyota Philippines Bullish for 2012 as Production Operations Normalize
Toyota Motors Philippines Corp. said Friday it is bullish in 2012 after production returned to normal a month earlier than expected. “We have been operating under normal conditions and full capacity since end of November after slight production adj... more
Local Auto Sales Fall by 1.9% in First 11 Months of 2011
The first 11 months of the year coming to an end was not kind for the Philippine auto industry. A joint report of the Chamber of Automotive Manufacturers of the Philippines (Campi) and the Truck Manufacturers Association (TMA) revealed that car sales... more
Toyota Philippines to Expand Operations
Toyota Motor Philippines Corp. (TMP) vows to expand operations in the country in step with the directions set by its mother company, Toyota Motor Co. (TMC), to harness local production. Rommel Gutierrez, vice president of TMP, said even before twin t... more
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