Toyota Philippines Urges Incentives for Hybrid Cars

Toyota Motor Philippines (TMP) has urged for the passage of a bill exempting all manufacturers and importers of hybrid vehicles from tax payments saying this is the only way to reduce the cost of environment-friendly vehicles and reduce the country’s oil import bill.

TMP vice-president Rommel Gutierrez noted that its Prius model, the pioneer in hybrid car technology, has remained…

Toyota Philippines to Launch Prius at P2.25M

Toyota Motors Philippines is finally launching its hot-selling Prius hybrid in the Philippines next week, but the ecologically-correct car could carry a price tag of around P2.25 million.

“Toyota wants to be the first to locally introduce hybrid, environment-friendly cars as alternative vehicles,” said Raymond Rodriguez, Toyota Motor’s first vice president for vehicle sales.

The third-generation,…

Toyota Philippines to Market Prius This Year

Toyota Motor Philippines Corp. (TMPC) said there would be no additional expansions this year instead the country’s biggest car company will be launching its eco-friendly Prius model, work on some initiatives to stop other car companies from further eating into its market share and new financing schemes for its volume models.

Saying they are technically ready, TMPC president Hiroshi Ito said…

Toyota to Bring Hybrid Cars to the Philippines

The Philippines needs it.

Akira Okabe, senior managing director of Toyota Motor Corp., affirmed the giant car manufacturer’s commitment to bring energy-efficient and environment-friendly vehicles to the Philippines.

While Okabe would not reveal the timetable for the Philippine introduction of Toyota’s hybrids – including the Toyota Prius and the high-end Lexus hybrids – he said developing countries…