Automotive

The number of electric vehicles on the road around the world will hit 125 million by 2030, the International Energy Agency forecasts. The world’s fleet of electric vehicles grew 54 percent to about 3.1 million in 2017. The IEA says government policy will continue to be the linchpin for electric vehicle adoption. Tom DiChristopher |…

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by Andrea Willige, Feb 28, 2017 The idea of travelling around town in a self-driving car has captured the world’s imagination. In addition to promising more relaxed commuting, autonomous driving is regarded as a solution to everything from traffic congestion and lack of parking spaces to accident prevention and reduced carbon emissions.

By Catherine Pillas, Businessmirror, JANUARY 10, 2017 PHILIPPINES auto assemblers grew by 24.6 percent in 2016, outpacing its growth in 2015 and its modest target of a 10-percent growth for last year.

MANILA, Philippines – The local automotive industry sustained its strong growth, rising by nearly a quarter last year to 288,609 units, mainly driven by the robust performance of the passenger car segment. Based on a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA), vehicle…

THE PHILIPPINES remained the third fastest growing market for vehicles in the region in terms of sales, fueled largely by the steady rise in domestic demand and the sustained robust growth of the local economy. Data from the Asean Automotive Federation showed that local automotive vehicle sales bucked the regional decline of 5.6 percent, as…

MANILA, Philippines—The Philippines has the potential to become the third-biggest player in the automotive manufacturing sector in the Asean next to Thailand and Indonesia, but it needs to put in place so-called key ‘enablers’ that will put the country in a more competitive position in the region, according to multinational management consulting firm McKinsey and…

MANILA, Philippines–The Philippine automotive industry still lags behind its peers in the Asean in terms of vehicle sales and production, even as local players have consistently post strong, double-digit growths since the start of the current year.

MANILA – The Philippine market for motor vehicles and motorcycles remain one of Asean’s fastest growing in the first nine months of the year.

MANILA, Philippines – Top Japanese automakers in the Philippines are threatening to shift production to cheaper Southeast Asian countries as the government drags its feet on a plan to rebuild its shrinking car manufacturing industry.

GOVERNMENT incentives under the planned automotive road map will be limited to vehicle assemblers engaged in export of completely built units (CBUs) to other Southeast Asian countries, a Cabinet official said.

(Updated 12:27 p.m.) Despite registering a double-digit growth in the first four months, the number of cars produced in the Philippines remains the smallest in Southeast Asia.

Japan manufacturer wants to put up 3rd Asian hub here MANILA, Philippines—Mitsubishi Motors Corp. (MMC) is eyeing an initial investment of P10 billion in its Philippine operations to establish its third Southeast Asian manufacturing hub in the country, a statement from the Department of Trade and Industry’s foreign trade office in Japan showed.

Two of Japan’s leading universities will join Toyota, Honda, Nissan, Suzuki, Mazda, Mitsubishi, Daihatsu and Fuji Heavy in the project, which is mainly aimed at slashing engine emissions to meet tougher environmental standards

The government is looking at more interventions aside from the grant of fiscal incentives in boosting the competitiveness of the local automotive industry and put it at par with its regional counterparts.

MANILA, Philippines—The Philippine automotive industry continued to trudge behind its Southeast Asian neighbors, ranking last among five countries in terms of motor vehicle production as of end-December 2013.

MANILA, Philippines – Motor vehicle assembly in the Philippines rose by five percent in 2013 compared to a year ago but the country still lags behind its peers in the Southeast Asian region, according to the ASEAN Automotive Federation (AAF).

The Philippines was outpaced by other countries in the ASEAN (Association of Southeast Asian Nations) when it came to the production of motor vehicles in the first eight months of the year, according to data from the ASEAN Automotive Federation (AAF) over the weekend.

News, business, economy, manufacturing, auto industry The Philippine automotive sector continued to trudge behind its neighbors in the Asean in terms of vehicle sales and production despite posting a robust year-on-year growth domestically.

Region to become world’s 5th-biggest vehicle market The Philippine automotive sector continued to lag behind its peers in the Asean (Association of Southeast Asian Nations) in terms of sales, despite posting an 18-percent sales growth as of the end of July this year.

MANILA, Philippines – Sales of local vehicle assemblers hit a record-high in the first semester due to the strong demand for both passenger cars (PC) and commercial vehicles (CV).

MANILA, Philippines – The Philippines remains Southeast Asia’s laggard in terms of motor vehicle and motorcycle production, according to latest data from the ASEAN Automotive Federation (AAF).

MANILA, Philippines – The Philippines continued to lag behind its peers in the Southeast Asian region in terms of motor vehicle production as it saw the number of assembled vehicles in the first quarter decline year-on-year.

A faulty airbag part that can explode and send shrapnel into the passenger cabin is responsible for the global recall of more than 3 million cars manufactured by Honda, Nissan, Toyota and General Motors and will likely lead to more recalls.

TOKYO – Up to 3.39 million vehicles made by major Japanese manufacturers will be recalled worldwide because of possible problems with airbags, the companies said Thursday.

MANILA, Philippines – Local car assemblers reported a six-percent rise in sales in the first nine months of the year, riding on the back of strong economic growth and launch of new models.

MANILA, Philippines – Vehicle sales of local car assemblers went down slightly in August from a year ago with monsoons and heavy floods last month leading to fewer working days. In a statement yesterday, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) said total industry sales reached 11,351 units in August, lower than…

MANILA, Philippines – Oriental & Motolite Marketing Corp., manufacturer of vehicle batteries, warned that it may close its plant in the country if the peso continues to appreciate and cut its export earnings.

China’s product safety reputation took another hit today, as the Australian Competition and Consumer Commission announced a recall of 23,000 Chinese vehicles made by Great Wall and Chery. The vehicles have engine and exhaust gaskets that contain asbestos, a known carcinogen that is prohibited in Australia. Both manufacturers have been directed to stop selling the…

The Chamber of Automotive Manufacturers of the Philippines (Campi) said local vehicle assemblers have sustained their growth momentum as industry sales grew 25 percent to 72,874 units in June this year.