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Showing posts with label PHL Auto Industry. Show all posts
Showing posts with label PHL Auto Industry. Show all posts

Monday, October 23, 2023

The Covenant Car Company, Inc. (TCCCI) Is Appointed As KG Mobility (Formerly SsangYong) Exclusive Distributor


The Covenant Car Company, Inc. (TCCCI) proudly announces its appointment as exclusive distributor of South Korean auto brand KG Mobility in the Philippines. The distributorship was formalized between both organizations in mid-Q3 2023 and, with the establishment of KG Mobility Philippines (KGM PH,) TCCCI’s adds yet another esteemed car brand to its stellar portfolio.
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Wednesday, October 4, 2023

Ford PH Has Sold Over 15,000 Next-Generation Rangers


The next-generation Ford Ranger has reached its 15,000th customer milestone, only fourteen months after it was launched in the country alongside the next-generation Everest.
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Thursday, September 21, 2023

New Car Sales Jumped 21.6 Percent In August; Most Chinese Car Brands Slump


New car sales in the Philippines jumped 21.6 percent in August compared to the same period last year. Based on the report by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA), new vehicle sales reached 36,714 units compared to 30,185 units in the same month last year.
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Saturday, September 9, 2023

GAC Motor Has Sold Over 1,000 Vehicles In The Philippines So Far This Year


Astara Philippines, the official distributor of GAC Motor vehicles in the country has announced an important sales milestone: they’ve managed to move their 1,000th unit.
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Saturday, September 2, 2023

Ramon Ang Understands Ferrari Owners And That Makes Him The Man To Lead Their PH Success


Adorning the walls of Velocità Motors’s second floor office are a series of Ferrari cars—both classic and modern. As Ramon S. Ang, the president and CEO of Ferrari’s new exclusive Philippine importer and distributor, he immediately proceeded to name each one of them.
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Ferrari Appoints SMC's Velocità Motors Inc. As New Sole Importer, Distributor In The Philippines


Italian luxury sportscar manufacturer Ferrari has officially appointed Velocità Motors Inc. (VMI), a unit under conglomerate San Miguel Corporation (SMC), as its new sole authorized importer and distributor in the Philippines.
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Friday, September 1, 2023

New Motorcycle Sales Hit Almost A Million In H1 2023


The Motorcycle Development Program Participants Association (MDPPA), composed of four prominent manufacturers Honda, Kawasaki, Suzuki, and Yamaha, achieved a collective sales milestone with 932,220 units sold during the first half of 2023, spanning January to July. This achievement signifies a notable 4.6 percent surge compared to the same period last year, which saw sales totaling 890,720 units.
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Thursday, August 31, 2023

Astara PH Announces Leadership Changes


Astara Philippines, the exclusive distributor of GAC Motor and Peugeot announces significant changes to its executive team effective September 1.
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Wednesday, August 30, 2023

Globe, Ayala Corporation, Gogoro Announce Joint Venture For Electric Scooters, Battery Swapping Network


Globe’s 917Ventures Inc., Ayala Corporation, and Gogoro have formalized their partnership with the establishment of a joint venture: Gogoro Philippines Inc. (Gogoro Philippines). The JV aims to deliver clean and sustainable mobility utilizing Gogoro’s electric two-wheel vehicles and open battery swap network.
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Friday, August 25, 2023

GAC Motor PH Adds AWD To GS8 Mid-Sized SUV For P 2.648M*


Coinciding with GAC Motor Philippines’ 276 percent year-on-year sales growth, the Chinese carmaker has previewed its newest flagship SUV: the GAC GS8 2.0T AWD.
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Thursday, August 24, 2023

Inchcape Takes Over Distributorship Of Changan In The Philippines


Inchcape, the leading global automotive distributor, announced today that it has been appointed by Changan International Corporation (“Changan”) to distribute Changan vehicles in the Philippines. The distributorship will be operated by Inchcape Philippines, a joint venture between Inchcape and the CATS Group of Companies.
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Wednesday, August 23, 2023

Toyota Chairman Calls On Other Japanese Carmakers To Help Develop Philippine Auto Industry


Toyota Motor Chairman Akio Toyoda is hoping for a deeper cooperation between Japanese carmakers in the Philippines in order to grow local parts assembly.
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Thursday, August 17, 2023

Solar Transport, BYD's Former PH Distributor, To Focus On Being A BYD EV Dealer


After the distributorship of BYD has been taken over by Ayala Corporation subsidiary, AC Motors, Solar Transport, BYD’s former distributor, has announced that it will focus its attention to become a dealer of BYD EVs.
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July Marks 17 Consecutive Months Of Growth For PH New Car Sales


Last July, 37,086 new cars were sold according to the latest joint report from the Chamber of Automotive Manufacturers of the Philippines and Truck Manufacturers Association (CAMPI-TMA). This is a 33.3 percent increase compared to July 2022’s 27,813 figure and 2.1 percent up (36,311) from June 2023.
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Wednesday, August 16, 2023

Philippines Is Way Off Electric Vehicle Adoption Targets


The Electric Vehicle Association of the Philippines (EVAP) has released a “state of the nation” report ahead of its planned 11th EV Summit from October 19 to 21.
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Friday, August 11, 2023

Ayala Corporation Takes Over BYD Distributorship In The Philippines


Ayala Corporation has finalized the deal to be the official Philippine distributor of BYD passenger vehicles, the world leader in hybrid and pure electric vehicles.
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Friday, August 4, 2023

JAZA's Son, Jaime Alfonso Zobel de Ayala, Is New AC Motors Head


Jaime Alfonso Zobel de Ayala, son of Ayala Corporation chairman Jaime Augusto Zobel de Ayala, is now heading AC Motors—the umbrella organization that distributes brands such as Honda, Volkswagen, Isuzu, Kia, Maxus, KTM, and Husqvarna starting August 1.
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Wednesday, August 2, 2023

Inchcape Philippines Formally Takes Over CATS Operations


It’s official: Inchcape Plc has now officially entered the Philippine market with the formalization of its joint-venture with the CATS Group of Companies. The deal includes the acquisition by Inchcape of a controlling 60 percent stake, while the remaining 40 percent remains with CATS founding Ang family.
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Friday, July 28, 2023

Froilan Dytianquin Leads Chery Auto Philippines To New Direction


Chery Auto Philippines is gearing towards a major shift as seasoned automotive executive Froilan Dytianquin takes the helm of the brand as its Managing Director. Dytianquin brings more than 30 years of expertise in the automotive industry that is expected to drive Chery Auto Philippines to a new era of change, growth, and innovation.
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Monday, July 24, 2023

Toyota Motor PH Leads All Car Makers In June And First Half 2023 Sales


New vehicle sales in the Philippines have increased 27 percent in June based on the joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).
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