Home » Archives
Toyota Philippines Says Operations Normal Despite Japan Stoppage
Published on 2 Apr, 2011 at 21:46 in Philippine Auto News | | No Comments
Toyota Motor Philippines Corp. announced yesterday that the company’s local operations are still normal despite the work stoppage in Japan as a result of the twin disasters.
In a letter to Board of Investments (BOI) vice chairman and managing head Cristino L. Panlilio, Toyota president Michinobu Sugata said the overall impact on Toyota operations cannot be determined yet. However,…
Toyota Philippines Posts Record Sales of 45,915 Units in 2008
Published on 23 Jan, 2009 at 10:58 in Philippine Auto News | | No Comments
Toyota Motor Philippines Corp. (TMP), the country’s largest car manufacturer, announced yesterday that it recorded an all-time high sales of 45,915 units in 2008 despite the general slowdown in global consumer demand.
“Aside from recording an all-time high sales of 45,915 units since the start of our operations, we have also captured our 7th consecutive triple…
Toyota Upbeat on Lexus Sales Despite Crunch
Published on 21 Jan, 2009 at 7:25 in Philippine Auto News | | No Comments
Targeting just 1 percent of the population, Toyota Motor Corp. recently brought in to the Philippines five models of its luxury brand Lexus with a price range of P2.9 million to P8.2 million.
Even with the difficult economic situation, Daniel Isla, president of the newly created Toyota subsidiary Lexus Manila Inc., said the company is confident…
Toyota to Bring Hybrid Cars to the Philippines
Published on 16 Jan, 2009 at 8:09 in Philippine Auto News, Traffic, Fuel, Infrastructure | | No Comments
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…
No Suspension of Production for Toyota Philippines
Published on 7 Jan, 2009 at 20:26 in Philippine Auto News | | No Comments
Toyota Motor Philippines (TMP) said yesterday they will not suspend local production despite a decision of Toyota Motor Corp. (TMC) to suspend production at all of its Japanese plants for 11 days between February and March in response to a slump in sales.
“We have no plans as of now to suspend operation. Japan operation is…
Toyota Tops After-Sales Customer-Satisfaction Study
Published on 30 Dec, 2008 at 21:35 in Philippine Auto News | | No Comments
Toyota Motor Phils. (TMP) ranked number one in customer satisfaction with regards to after-sales service in authorized dealerships, according to the J.D. Power Asia-Pacific 2008 Philippines Customer Satisfaction Index (CSI) study that was conducted in September.
J.D. Power Asia-Pacific General Manager for Philippines Taku Kimoto presented the award to TMP President Hiroshi Ito during…
British Research Firm Bullish on RP Vehicle Mart
Published on 22 Dec, 2008 at 16:26 in Philippine Auto News | | No Comments
PHILIPPINE auto sales may grow at a rate that is higher than what the local industry expects, according to a new study by the Business Monitor International Ltd.
The study also indicated that the relatively unserved market segments would boost growth prospects for 2009.
The London-based market research firm said sales could grow by 8 percent, to…
Toyota Phils Not Poised to Undertake Major Investments in 2009
Published on 24 Nov, 2008 at 19:53 in Philippine Auto News | | 1 Comment
Market leader Toyota Motor Philippines Corp. (TMPC) is only looking at equaling its 2008 performance for next year and is not expected to undertake new major investments.
This, as car companies in the country are said to be “cautiously optimistic” of industry prospects in 2009, projecting a 2-percent to 4-percent growth in…
Toyota Philippines Forecasts Zero Growth in 2009
Published on 17 Nov, 2008 at 8:50 in Philippine Auto News | | No Comments
Toyota Motor Philippines (TMP), the largest automotive seller in the country, expects a zero growth rate in car sales next year as a result of the expected drop in global demand for cars.
“We will have flat growth for next year,” TMP vice president for corporate affairs group Rommel T. Gutierrez told The…
Toyota Philippines Launches Face-Lifted RAV4
Published on 11 Nov, 2008 at 17:53 in Philippine Auto News | | 2 Comments
Toyota Motor Philippines (TMP) Corporation announces the launch of the new and improved 2008 RAV4.
The enhancements of the compact SUV aims to further strengthen Toyota’s position as the number one automotive company in the country and in the Commercial Vehicle (CV) segment.
The new 2008 RAV4 is still equipped by the powerful yet fuel efficient…
