philippine news

Apr 9, 20080

Automotive sales rose 10% in 1st quarter

Manila Standard

Local automotive sales rose 10 percent year-on-year to 28,904 units in the first quarter of 2008, sustaining the momentum last year when they climbed past the 100,000 mark for the first time in a decade.

The Chamber of … Read the rest

Mar 10, 20080

Registered vehicles hit 5.5m in ’07—LTO

Roderick T. dela Cruz
Manila Standard

Filipinos acquired more cars, motorcycles and other vehicles despite the soaring prices of crude oil in the world market last year.

The total volume of registered motor vehicles in the country hit 5.523 million … Read the rest

Jan 25, 20080

Partsmakers plan local assembly of electric jeepney

Katrina Mennen A. Valdez
Manila Times

LOCAL auto parts makers said on Thursday that they will manufacture electricity-run jeepneys.

The Motor Vehicle Parts Manufacturers Association of the Philippines Inc. (MVPMAP) announced its plan to develop and design electric jeepneys in … Read the rest

Jan 8, 20080

On track (AUTO INDUSTRY YEAR-END REPORT)

Katrina Mennen A. Valdez
Manila Times

Philippine auto industry breaches the 100,000th unit mark, posting its best figures in a decade

VEHICLE sales in the first 11 months of 2007 went up by almost a fifth compared to the same … Read the rest

Jan 2, 20080

Local auto assemblers yet to recover from Asian crisis, says state think tank

Darwin G. Amojelar
Manila Times

THE Philippine car industry has yet to recover from the Asian financial crisis as it still faces weak domestic demand and competition from used imported vehicles, the Philippine Institute for Development Studies (PIDS) said.

In … Read the rest

Dec 11, 20070

Auto sales top 100,000

Elaine Ruzul S. Ramos
Manila Standard

The local automotive industry sold 105,774 units in the first 11 months of the year, the first time it breached the 100,000 mark since the start of the Asian financial crisis in 1997, industry … Read the rest

Nov 9, 20070

Auto sales surged 18% in 10 months

Elaine Ruzul S. Ramos
Manila Standard

Automotive sales in the Philippines rose to 95,244 units in the first 10 months of the year, up 18.5 percent year-on-year, putting the industry on track to easily top its full-year target of 108,000 … Read the rest

Oct 25, 20070

Govt assures car makers on used vehicles

Elaine Ruzul S. Ramos
Manila Standard

The government has assured local car makers that the ban on the entry of used vehicles will stay when the Japan-Philippines Economic Partnership Agreement takes effect.

Trade Undersecretary Elmer Hernandez told reporters he had … Read the rest

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