Isuzu Philippines Corporation (IPC) achieves another milestone this month as it posted its 10,000-unit sales for the popular Isuzu TRAVIZ lightweight truck. Launched by the end of 2019, the Isuzu TRAVIZ quickly became a popular choice for business owners nationwide, as it provides the best solution for their last-mile delivery operations. Cornering 32% of the Cab & Chassis market on …
Read More »
Sony Group Corporation and Honda Motor Co., Ltd. announced that they have signed a joint venture agreement to establish a new company to engage in the sale of high-value-added electric vehicles (EVs) and provide services for mobility. The announcement is the result of discussion of a strategic alliance in the mobility field between the parties as announced in the joint …
Read More »
Toyota Motor Philippines (TMP) recently launched the 2022 season of its premier one-make-race series, the Toyota Gazoo Racing (TGR) Vios Cup. After its series of virtual programs for the 2021 season where racing fans watched the live racing action via TMP’s online channels, this year’s edition of the Toyota Gazoo Racing Vios Cup is once again welcoming the passion and …
Read More »
Automobile Association Philippines (AAP) president Augustus “Joe” V. Ferreria was elected to the FIA Senate during the meeting of the World Council for Automobile Mobility and Tourism held last June 21 at the FIA headquarters in Paris, France. FIA Senate president Carmelo Sanz de Barros sent a congratulatory email to Ferreria welcoming him to the Senate. Before the meeting, FIA …
Read More »
Sales of Chery Auto Philippines surged more than double in April compared to the same month last year, a 143-percent increase and a best-ever monthly figure for the brand. This is propelled by much better consumer brand awareness and buoyed by growing market confidence in an improving pandemic climate. The figures reflect the strong yet still-growing demand for the company’s …
Read More »
A total of 30 teams are participating in the biggest overlanding competition set in October with over P1-million worth of prizes up for grabs. Mototesto Overland Equipment, in cooperation with Petron Philippines and Motolite, is the organizer of the 2022 Petron Philippine Overland Expedition: Pacific Coast Challenge that will coincide simultaneously with the 6th Philippine Overland Expo. The expedition will …
Read More »
Nationwide residential property prices up by 5.6% YoY, but edge lower by 1% QoQ in Q1 2022 The residential real estate prices of various types of new housing units in the Philippines maintained its growth momentum in Q1 2022.[1] The Residential Real Estate Price Index (RREPI) rose by 5.6 percent from a year ago, but declined by 1 percent from …
Read More »
At least 18 million Filipinos are either suffering from or at risk of a disease considered a silent epidemic. This is one of the alarming pieces of information presented at the recent online press conference titled “Fatty Liver Facts: What You Need to Know About This Silent Epidemic” organized by the Hepatology Society of the Philippines (HSP). The “silent epidemic” …
Read More »
Over 80 awards await local real estate firms as the market responds to shifting demands To answer rising public demand for faster, reliable, safe, and efficient mass transportation, the Department of Transportation (DOTr) has embarked on several projects to soon provide commuters with better infrastructure for mass and active transport. With connectivity an important factor for national development, many areas …
Read More »
Remember those Love Buses of the 70s? Through the years, the Love Bus has become an icon that made its mark not just on the roads, but also in the Filipino commuters’ hearts. They are back and Hino Motors Philippines is making it possible with its newest offering of a people carrier. It is now dubbed as the HS8J Low …
Read More »
The Market Monitor Minding the Nation's Business