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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 adjustment at the start of the same month,” Rommel Gutierrez, TMPC vice president for corporate affairs, told Manila Standard in…
Toyota Philippines to Resume Normal Operations in June
Published on 18 May, 2011 at 17:36 in Philippine Auto News | | No Comments
Toyota Motor Philippines Corp. will resume its two-shift operation in June as the shipment of parts and components from the company’s suppliers is expected to normalize soon, a high-ranking company official said.
“With the improved supply condition outlook due to the concerted effort of all Toyota suppliers, Toyota Motors Philippines will adjust production to resume to two-shift operations from June…
DTI Submits Revised Auto Manufacturing Plan to Palace
Published on 29 Mar, 2010 at 9:00 in Philippine Auto News | | No Comments
The Department of Trade and Industry (DTI) has resubmitted the revised Motor Vehicle Development Plan (MVDP) to Malacañang after explaining that they have already made second hand importation more restrictive.
“There was no change in the MVDP,” Trade Secretary Jesli A. Lapus told reporters.
According to Lapus, they only made clarifications because Malacañang returned the…
RP Can be 2nd Regional Auto Hub with Right Perks
Published on 8 Dec, 2009 at 21:36 in Philippine Auto News | | No Comments
The Philippines could be the best bet as the second regional hub for the global auto players provided the right government incentives support and commitment of players to invest and expand operations to attain a global manufacturing scale of 500,000 units by 2020, an automotive study by the Deloitte Economics (Australia) said.
The Deloitte study…
RP Can Still Catch Up as Auto Production Hub for ASEAN
Published on 3 Nov, 2008 at 13:32 in Philippine Auto News | | No Comments
The Philippines can still catch on with its dream of becoming an automotive manufacturing hub in the region because Thailand cannot fully serve the requirements of a region with 600 million population and a faster growing economy.
Ford Group Philippines Chairman Henry Co said this in his presentation during a Local Government…
