Philippines

Japan's Toyota has celebrated the milestone of becoming the first carmaker to sell 500,000 vehicles in the Philippines, by planning its next target. Toyota Motors Philippines (TMP)... 2007-10-17

Nito Seiki Manufacturing Corp, a Philippines-based producer of automotive parts, has secured a deal to export parts to the UK. The agreement was reached at the Automechanika trade... 2007-07-06

The Motor Vehicle Parts Manufacturers Association of the Philippines (MVPMAP) has unveiled a prototype of its locally-built vehicle, as the organisation aims to attract support from... 2007-06-15

US carmaker Ford is preparing to open its new plant for flex-fuel engines in the Philippines on June 14. Over the next five years, the PHP1.1bn facility will produce around 100,000... 2007-06-08

The Philippine Electric Vehicle (PEV) Program has received a boost after the Motor Vehicle Parts Manufacturers Association of the Philippines (MVPMAP) pledged its support. The PEV... 2007-04-19

Toyota Autoparts Philippines (TAP) has invested US$116mn in a new plant, which will produce R-type transmission units for export to seven countries. The company has broken ground... 2007-03-16

Chinese commercial vehicle manufacturer Jianghuai Automobile Co will launch its range of light, medium and heavy trucks, as well as buses, on the Philippines market. The vehicles... 2007-03-14

Stubbornly high liquidity is complicating monetary policy in the Philippines. While inflation fell consistently throughout 2006, to an almost three-year low of 4.3% y-o-y in December,... 2007-01-22

Although the 10% growth in Philippines new vehicle sales in 2005 may be out of reach this year, a recovery is still on the cards following a poor first half to the year. After a 3%... 2006-12-18

Japan's Toyota expects to earn export revenues of US$530mn for automotive components produced in the Philippines this year, largely on the back of its international innovative multi-purpose... 2006-12-08