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Balitang Tsikot -
Philippine Auto Industry News
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Friday, 09 May 2008 |
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The auto industry recorded a 14.8-percent sales increase during the first four months of this year due to a continued strong demand for commercial vehicles. “The Philippine auto industry thus far, is bucking the general trend seen in other countries such as the US, where rising fuel prices coupled with a softening economy resulted in a downward trend in commercial vehicle sales,” Elizabeth H. Lee, president of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) said. From January to April, auto sales reached 39,981 units of which 11,078 units were sold in April alone. Commercial vehicles continue to dominate the local market covering 66 percent of total vehicle sales nationwide. |
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Balitang Tsikot -
Announcements and Promos
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Thursday, 08 May 2008 |
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Mazda Philippines presents the new and improved 2008 Mazda Zoom Fest, a much anticipated event for the motoring public to test-drive any of Mazda’s current vehicles. This year is made extra special with the inclusion of the Mazda MX-5 Retractable Hard Top (RHT), one of the stars of the recently concluded 2008 Manila International Auto Show. There is also a lot of excitement about the all-new Mazda6 executive sedan and the premium Mazda CX-9. The best-selling Mazda3’s 2008 edition and the versatile Mazda Tribute will also be on hand to complete Mazda’s exciting fleet of sporty-styled yet elegant cars. The bottom line is no matter your driving style you can test-drive a car that will deliver Mazda’s exhilarating Zoom-Zoom spirit. |
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Balitang Tsikot -
Philippine Auto Industry News
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Tuesday, 06 May 2008 |
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The Toyota Group has increased its over P20 billion investment in the country as one of its members, Tokai Rika Philippines Inc.(TRP), expanded its production facility and doubled its investment. “As we increase our production, our suppliers will naturally follow suit,” TMP vice president Rommel Gutierrez told The STAR in an interview. According to Gutierrez, TRP’s investment is expected to reach P1.2 billion as the company announced it will expand its production facility at its plant inside the Toyota Industrial Complex in Sta. Rosa, Laguna. TRP’s new investment will require a total of 5,600 square meters of plant facilities expansion. The expected completion date of the new building is by November this year. |
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