Automotive

Local car makers will try to purchase their parts temporarily from other sources due to a supply disruption in Japan, the Chamber of Automotive Manufacturers of the Philippines Inc. said Thursday.

AR assemblers have started shutting down their manufacturing operations as they grapple with a parts shortage resulting from the crisis in Japan.

MANILA, Philippines – Toyota Motor Philippines (TMP) has joined the list of local manufacturers which will temporarily suspend their local manufacturing operations due to a shortage of parts from Japan.

DETROIT—Ford Motor Co. says that its Asia-Pacific operations may have to slow or stop production later this month because of parts shortages from Japan.

The local assembler of giant car maker Honda is slashing its production by half, which it said would be a temporary cut down, starting this month as a result of the multiple disasters that recently hit Japan that affected its parts production in its Japan headquarters.

MANILA, Philippines – Toyota Motor Philippines Corp. announced yesterday that the company’s local operations are still normal despite the work stoppage in Japan as a result of the twin disasters.

JAPANESE carmakers, facing electricity shortages after the nation’s record earthquake crippled power plants, may consider measures including rotating production to save energy, Toyota Motor Corp. said.

TOKYO—Japan’s major automakers are trying to find alternative parts suppliers to replace those knocked out of action by the colossal earthquake last week that has forced most of the country’s car production to a halt.

Honda Cars Philippines said the massive quake and destructive tsunami in Japan will not affect its local operations, adding it can produce completely knocked-down vehicles due to available parts and components from other countries.

MANILA, Philippines – Vehicle sales grew 5.8% to 22,518 units in the first 2 months of the year, industry data showed on Wednesday.

MANILA, Philippines – Sales of locally manufactured vehicles (LMV) went up by 18 percent in 2010 when compared to the previous year as the local automotive industry continues to improve.

AUTOMOTIVE production in the Philippines jumped by more than a fourth last year, although the domestic output was lower than in other Asean countries, industry data showed.

MOTORCYCLE sales zoomed to a record last year, according to the Motorcycle Development Program Participants Association Inc. (MDPPA). Ma. Sheryl Santos, MDPPA secretary general, told The Manila Times that the sales of the group’s six member-companies last year totaled 759,849 units—the industry’s highest so far and 19.1 percent more than the 637,792 units sold in…

THE departure by four members of the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) would cause vehicle sales to stay flat this year, according to an industry source. “In my personal opinion, because of the reality that Campi and TMA won’t get reports from the four companies that are not anymore Campi members,…

SO Philippine vehicle sales are up this year by 27 percent (to over 168,000)—apparently led by Hyundai, Mitsubishi and Toyota. Well that is good news for the car workers of Korea and Japan, for the toll fee collectors, for the oil companies, for the banks who readily lend money for vehicles but not for new…

MANILA, Philippines – Sales of the local auto industry zoomed to its highest level in 14 years with 168,490 units sold last year.

MANILA, Philippines –  The local auto industry is expecting a four to five percent growth this year, slower than the double digit growth posted in 2010, the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) said yesterday.

Local auto assemblers capped 2010 with high double-digit growth and accomplishments indicating that the local industry as a whole was moving forward, the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) said.

THE GOVERNMENT strategy for the local automotive industry will focus more on exploiting the domestic market rather than encouraging exports, a senior Trade department official said.

MANILA, Philippines – The auto industry was supposed to receive a boost this year as the government crafted a new Comprehensive Motor Vehicle Development Plan (CMVDP). The plan was simple enough – encourage more firms to manufacture vehicles locally rather than sell completely built imported units. After endless consultations, the Arroyo administration signed the CMVDP,…

MANILA, Philippines –  Ford Motor Co. Philippines (FMCP) is looking at making the country its export hub for either its sports utility vehicle (SUV) or pick-up model.

CAR FIRMS remain on track to posting a fresh sales record this year despite a month-on-month decline in the number of vehicles leaving showrooms, an industry group yesterday said.

MANILA, Philippines – The local auto industry is looking at a slower growth next year after posting a robust sales growth of over 30 percent this year.

…as new industry development program hits delays AN OLD INCENTIVE PACKAGE for automotive exporters will be temporarily revived while work to upgrade a broader policy for car assembly remains stalled, officials last week said.

TRANSPORT officials and other stakeholders pushed the implementation of the radio frequency identification (Rfid) project of the Land Transportation Office (LTO) in a public hearing conducted by the House of Representatives.

Vehicle importers want a “level playing field” vis-à-vis domestic assemblers that have already availed of many perks and government assistance, the Association of Vehicle Importers and Distributors (AVID) said on Thursday. In a press conference, Maria Fe Perez-Agudo, AVID president, said the Comprehensive Motor Vehicle Development Program (CMVDP) or Executive Order (EO) 877-A is a…

MANILA, Philippines – Motor vehicle assemblers were caught by surprise of a plan of the Board of Investments (BoI) to reissue the Automotive Exports Program (AEP) or Executive Order 244 to continue granting a special incentives package for exporters of completely built up (CBU) packs even as the agency is still having a hard time…

Four senators have expressed reservations over the Comprehensive Motor Vehicle Development Program’s (CMVDP) provision on used-vehicle importation, government and industry sources said recently. The highly placed sources said that the offices of Senate President Juan Ponce Enrile and Senators Francis Escudero, Manuel Villar Jr. and Ralph Recto recently called the Board of Investments (BOI) to…

IT seems our government wants to help foreign motor companies here to make even more money – at the expense of everybody else. So our brilliant DTI thinks that, in the process, it cannot avoid but kill hundreds, maybe even thousands, of Filipino small businesses. That, mind you, is the very same Department of Trade…

LOCALLY MADE vehicles have lost ground to imports eight months into the pilot year of a duty-free scheme, industry data compiled by BusinessWorld showed.