DTI Lauds Toyota Philippines Action on Prius model

The Department of Trade and Industry (DTI) lauded Toyota Motor Philippines (TMP) for implementing a recall on the Prius. Toyota implemented a recall on the hybrid car due to faulty brakes.

“We are pleased that TMP has taken the initiative of contacting their customers and perform the required repair at no cost to customers,” Trade Secretary Peter B. Favila said.

DTI said that mistakes that occur in the manufacture of products pose danger to the health and safety of the consuming public. When similar incidents occur in different people when using a specific product, this could be an indication that there is a flaw in its production, and when this happens, a product recall may be necessary. Read more

Toyota Cars Sold in the Philippines not Included in Recall

Toyota cars sold locally are not affected by the accelerator-pedal recall implemented in the United States, a top official of Toyota Motor Philippines (TMP) said.

In an interview, TMP vice chairman Alfred Ty said the cars sold here are not affected by the recall because the Toyota Camry and Corolla Altis sold by TMP in the Philippines are manufactured in Thailand while RAV4 models are imported from Japan.

“The recall is a preventive measure that shows the consciousness of Toyota management. This is the reason for the recall,” Ty explained.

Ty said they have received some inquiries from their dealerships about the recall that is why they decided to issue a public notice assuring the public that Toyota vehicles sold here are safe. Read more

Toyota Philippines Forecasts 8% Sales Growth in 2010

Toyota Motor Philippines (TMP) Corp. is eyeing a modest 8 percent increase in sales this year to 50,000 units from 46,193 units in 2009 on positive economic signs in the automotive market and the launch of new models this year including new hybrid cars to beef up its existing fleet.

Newly-appointed TMP President Michinobu Sugata told reporters during the company’s annual Media Thanksgiving Party on Friday of the encouraging positive signs of the local automotive market this year.

“There are many positive signs in the auto market,” said Sugata. Read more

Toyota Motor Philippines Corporation Tops 600,000 Unit Sales Level

Two years after hitting the half million units sold mark, Toyota Motor Philippines Corporation (TMP) has once again reached another milestone last December 7, 2009 with cumulative sales of 600,000 units since the start of its operations in 1988. TMP is the first car manufacturer in the Philippine automotive industry to bag this achievement.

For 21 years of being in the industry, TMP remained consistently focused on catering to diverse needs of Filipino consumers. It offers an extensive model line-up of fourteen vehicles distributed to 27 dealer outlets nationwide. By maintaining its strong commitment in providing high quality products and excellent services to its customers, TMP has made its way to being the market leader for eighteen years. TMP is also proud to reveal that despite the economic slowdown in 2009, it has garnered year-to-date sales of 46,193 units as of December 2009. Read more

Toyota Philippines Introduces Tougher Innova Sport Runner

Toyota Motor Philippines sets the stage for the new Year 2010 as they introduce a tougher version of the country’s best-selling commercial vehicle, the Innova Sport Runner. All the passenger car-like comfort offered by the Toyota Innova is packed inside this new variant, with an improved sportier exterior. The Innova SR features new overfenders, side skirts, rear spoiler, new front fog lamp design, 15” alloy wheels in a wider 225 / 55 R15 tires, Sport Runner badge and exclusive black and bronze exterior colors. It will be available in 2.5-liter diesel automatic and manual transmissions at Php 1,064,000 and Php 999,000 respectively. “The Sport Runner is a fresh addition to the Innova line-up. While the Innova has been consistently performing very well since its 2005 introduction, averaging 900 units per month in sales, we understand that there are customers who are also looking for a tougher or sportier look that will compliment the Innova’s driving performance and riding comfort.

We are confident that this new variant will further solidify the Innova’s position as the best-selling MPV, and will contribute to TMP’s overall sales leadership,” surmised Raymond Rodriguez, First Vice President for Vehicle Sales. The Innova Sport Runner will be available in any of Toyota 27 outlets nationwide this month.

Toyota Vios, Innova Most Popular Vehicles in 2009

The Toyota Vios was the best-selling car in 2009, accounting for almost a quarter of the 46,021 vehicles sold by top auto maker Toyota.

Preliminary data from Toyota showed that 11,981 units of its locally-assembled sedan were sold last year.

Toyota’s van, the Innova, also assembled in Sta. Rosa, Laguna, was the second biggest seller with 10,311 units sold in 2009.

All in all, the two models accounted for nearly half of Toyota’s sales in the Philippines last year.

Including the sales of Toyota’s luxury brand, Lexus, which sold 172 units last year, the Japanese car maker sold a total of 46,193 units in 2009. Read more

Toyota Philippines Offers Special Discounts for New Vehicle Purchases of Typhoon-affected Customers

Toyota Motor Philippines Corporation offers special sales incentives for new vehicle purchases of Typhoon-affected Toyota Customers. The devastating effects of typhoons Ondoy and Pepeng have left a lot of vehicles damaged, some beyond repair. To aid flood-affected Toyota customers, TMPC will offer discounts ranging from P25,000 to P62,000 for select Toyota models for purchases made from October 1-31, 2009.

There are two ways to avail of Toyota’s special sales incentive. With the PAY CASH scheme, customers with cash purchases will enjoy special discounts for the Vios, Innova, Yaris, Avanza, Hilux, Altis, Hiace, Fortuner, RAV4 and Camry.

With the PAY LOW scheme purchases made through Toyota Financial Services (TFS) Lease-to-Own scheme will enjoy payment terms from 24 to 60 months, 10 to 30% cash out, and an all-in package including free one-year insurance with Acts of God coverage, LTO registration, and no chattel mortgage. A 90-day payment holiday will also be enjoyed wherein the first monthly amortization will be settled by customers three months after vehicle release. Read more

Toyota, Honda Offer Discounts

Leading car manufacturers Toyota Motor Philippines Corp. (TMC) and Honda Cars Philippines, Inc. (HCPI) are offering discounts on parts and labor charges in order to help victims of tropical storm Ondoy.

Toyota will offer discounts on replacement of flood-related parts and labor, as well as extend service workshop operations to accommodate affected customers while Honda is offering 30-percent subsidy on all parts, lubricants and 10 percent on labor charges for flood-related repairs.

“Toyota would like to express its sympathy to motorists affected by Ondoy. The number of damaged vehicles is unimaginable and we sympathize with our valued customers who are victims of the crisis,” Raymond Rodriguez, TMPC first vice president for Vehicle Sales Operations said. Read more

Toyota Philippines Offers Discounts on Parts, Repairs of Flood-Damaged Units

Toyota Motor Philippines Corp. (TMPC) is offering discounts on replacement of flood-related parts and labor, as well as extend service workshop operations to customers whose Toyota vehicles were damaged by typhoon “Ondoy”.

“Toyota would like to express its sympathy to motorists affected by typhoon Ondoy. The number of damaged vehicles is unimaginable and we sympathize with our valued customers who are victims of the crisis,” Raymond Rodriguez, TMPC first vice president for vehicle sales operations, said.

Metro Manila Toyota dealers have received more than 2,000 affected vehicles for service and repairs. The number of Toyota cars that need to be serviced has reached a level way above the capacity of Toyota dealers. Read more

Prius in RP: Going Green Comes with a Price

The Prius, the world’s best-selling hybrid car, finally goes on sale in the country today at major Toyota dealers nationwide.

The 1.8-liter third generation gasoline-electric hybrid can get up to 38 kilometers per liter and significantly cuts down on carbon emissions, meeting the strictest emission-reduction standards worldwide.

But going green in the Philippines doesn’t come cheap. The Prius has a price tag of P2.2 million, about half of it going to taxes – import duties, excise taxes, and value-added tax (VAT). This is more than double its price in Japan of $20,900.

“Toyota believes that a lot more customers would benefit if a special tax incentive will be given for the Prius to bring its cost down,” said Raymond Rodriguez, first vice president for vehicle sales operations of Toyota Motor Philippines Corp. Read more

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