Toyota Philippines Forecasts Zero Growth in 2009

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 STAR in an interview. Read more

Toyota to Focus on Boosting CKD in 2009

Toyota Motor Philippines (TMP) announced over the weekend that it is strengthening the local completely knocked down (CKD) segment in the country.

“We are going to focus on CKDs,” TMP vice president Rommel T. Gutierrez told The Star in an interview.

According to him, this would be the focus of the car company’s initiative next year. Read more

Activities and Promo Liven Up Toyota Showrooms

Weekend activities and the Buy 1 Drive 2 Promo liven up Toyota Showrooms. In Toyota Motor Philippines (TMP) Corporation’s launch of the new International Innovative Multipurpose Vehicles (IMV) - the Innova, the Hilux, and the Fortuner, Toyota showrooms have been welcoming their customers with activities.

Starting last October 11 and 12, motorists visited the nearest Toyota showrooms and checked out the new line up with enhanced interior and exterior features. Toyota showrooms will continue the activities for the whole family, including the kids, for the coming weekends of October 18-19 and 25-26. Read more

Toyota Philippines Set to Overshoot 2008 Sales Target

Japanese auto giant Toyota Motor Philippines Corp. (TMPC) will likely overshoot its target this year with sales reaching about 50,000 units, a top company official said.

“We will surpass our initial forecast because the first eight months have been good,” TMPC executive vice president Rommel T. Gutierrez said in an interview at the sideline of the launch of Toyota ’s IMV (Innovative Multi-purpose Vehicle) series. Read more

Toyota Philippines Relaunches Facelifted Hilux

Toyota Motor Philippines Corporation is set to introduce the new Hilux this September 2008. Aside from the tough exterior facelift and the functional interior upgrades, the Hilux comes with a new 4X2 2.5 diesel variant in a 4X4 body. The new Hilux is one of the main highlights of the Toyota booth at the 2nd Philippine International Motorshow at the World Trade Center from August 21 to 24, 2008.

The Hilux, launched in December of 2004, was at the forefront of innovation in the pick-up segment. As part of Toyota’s International Innovative Multipurpose Vehicles (IMV) together with the Innova and Fortuner, the Hilux revolutionized the pick-up landscape with its tough features, state-of-the-art diesel technology, but handsome looks. Prior to its introduction, pick-up trucks were seen purely as a practical workhorse. Adding premium to style and form, combined with a powerful engine, the Hilux reigned supreme for the next three years since its introduction, both in the 4X4 and 4X2 segments, with average annual sales of 2,400 units. The pick-up market registered almost 50 percent growth from 2004 to 2007. Read more

Toyota Achieves Highest Ranking in Philippines Customer Satisfaction Study

Toyota ranks highest in customer satisfaction with authorized dealer after-sales service in the Philippines, according to the J.D. Power Asia Pacific 2008 Philippines Customer Satisfaction Index (CSI) StudySM released today.

Now in its eighth year, the study measures new-vehicle owner satisfaction with the after-sales service process by examining dealership performance in seven factors. In order of importance, they are: problems experienced; service quality; user-friendly service; service delivery; service advisor; service initiation; and in-service experience. CSI performance is reported as an index score based on a 1,000-point scale. Overall customer satisfaction shows improvement with a score of 837 this year—an increase of 23 points since 2007. Read more

Toyota Invests P5.4 B to Double Production Capacity

Toyota Auto Parts Philippines Inc. (TAP), a subsidiary of Toyota Motor Philippines (TMP), has invested an additional P5.4 billion to double the production capacity of its transmission plant in Laguna.

“We will be intensifying our exports of transmissions to the ASEAN and Africa,” Toyota vice president Rommel Gutierrez said in a telephone interview.

Gutierrez said they will be announcing their expansion during tonight’s celebration of Toyota’s 20th anniversary in the Philippines. Read more

Toyota Displays A-BAT Concept Car at the 2nd Philippine International Motorshow

Toyota Motor Philippines Corporation (TMPC) announced its participation at the 2nd Philippine International Motorshow (PIMS) organized by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI). The 400-sqaure meter TMPC booth will feature the A-BAT Concept Pick-up displayed at the 2008 North American Motorshow, and the Interactive Hybrid Synergy Drive. TMPC will also launch its 20th Anniversary Vios Limited Edition Model, the new Hilux and the new Land Cruiser at the said event. The 2nd PIMS will be held from August 21 to 24, 2008 at the World Trade Center in Pasay City.

Now on its second year, the PIMS shall showcase a host of new products and concept cars under the theme “Drive the Future towards Safer and Cleaner Motoring.” As the country’s biggest automotive company, Toyota, for its part, will make its booth exciting by introducing new models and mounting exciting exhibits. Toyota adapts its 20th Anniversary motto, “Driving Tomorrow”, as the central theme of its exhibit. Read more

Toyota to Launch Limited Edition Vios to Mark 20th Anniversary

Toyota Motor Philippines Corporation (TMPC) is set to introduce a limited edition of the locally manufactured Vios to mark its 20th anniversary in the country. With only 800 units, the sportier Vios XX Limited Edition shall be sold from August to December 2008 only.

Since its inception in 1988, Toyota has introduced a variety of products that helped changed the local automotive landscape, constantly upgrading and enhancing its models to help customers adapt to the fast-changing times, enabling them to improve their quality of life. Read more

Toyota Philippines to Roll Out Lexus Line by Q1 2009

Toyota Motors Philippines Inc. (TMP) is getting ready to roll its Lexus line of luxury cars by the first quarter of 2009 as it aims to establish a premium foothold in the local luxury vehicle market.

Alfred Ty, vice-chairman of TMP, said the group is dead set on putting up the first Lexus showroom in the Philippines in spite of the ongoing sub-prime crisis in the US, the economic slowdown in the country and soaring prices of oil.

“If everything goes on schedule, we hope to start selling units in the first quarter of next year,” Ty said Read more

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