Local assemblers of automotive vehicles sold 30,905 units in February this year, 27.2 percent higher than the same month in 2022 with sales of 24,304 units, the Chamber of Automotive Manufacturing of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) reported Monday. Year-on-year, both sales of passenger cars and commercial vehicles recorded increments. Passenger car sales increased by …
Read More »
Department of Energy (DOE) Raphael Lotilla has urged Filipinos to observe efficient use of electricity to help ensure the availability of sufficient power in preparation for the dry season when higher temperature triggers increase in demand. On the sidelines of Makati Business Club’s event in Makati City Monday, Lotilla told reporters that based on the available supply and the scheduled …
Read More »
President Ferdinand R. Marcos Jr. on Monday commended Carlos Edriel Yulo for another glory and honor he brought to the country after winning two golds in the third leg of the Artistic Gymnastics World Cup held on March 9-12 at the National Gymnastics Arena in Baku, Azerbaijan. “We celebrate another shining moment in the world of gymnastics with Carlos Yulo’s …
Read More »
Terrafirma, Chengdu Dayun firm up ties Another major Chinese vehicle manufacturer is set to introduce electric commercial vehicles in the country after signing with a new local company that is under the umbrella of a known local vehicle conglomerate. Chengdu Dayun Automobile Co. Ltd., better known as Chengdu Dayun, officially signed up an agreement with the Terrafirma Motors Corporation (TMC) …
Read More »
The first Hyundai Motor Philippines Inc. (HMPH) authorized electric vehicle dealership opens up in Makati, making it as Asia Pacific’s first outlet to carry the new Hyundai Global Dealership Space Identity (GDSI) 2.0. This is the Gateway Group’s first dealership with the brand that is located along the automotive strip of Chino Roces Avenue Extension and has a showroom spanning …
Read More »
Isuzu Philippines Corporation (IPC) turned-over a P250,000 cash donation to the National Kidney and Transplant Institute (NKTI) during the World Kidney Day 2023 celebration recently at the NKTI Atrium in Quezon City. This is part of IPC donation series to medical institutions after the announcement of its Road to Progress vision during its 25th inaugural anniversary in 2022. IPC’s Road …
Read More »
Cleanfuel, the purveyor of quality fuel for less, sealed an agreement with the Land Transportation Franchising and Regulatory Board (LTFRB) to provide fuels for its fleet management services. The partnership was sealed in the presence of the Land Transportation Franchising and Regulatory Board (LTFRB) hairman Atty. Teofilo Guadiz III, Cleanfuel vice president Ralph Atienza and Cleanfuel director Marco Atienza. Cleanfuel …
Read More »
Grab Philippines welcomed a huge crowd of TNVS aspirants in the second leg of its GrabCar-AVAN recently which the leading superapp’s initiative to help fill the 4,000 TNVS slots opened by LTFRB last early this year. Almost a thousand TNVS applicants flocked the Grab Philippines partner center in Marikina City after the removal of the Certificate of Conformity among the …
Read More »
You work to provide for your loved ones. Eventually, you acquire and grow your assets. As you go along, you also find ways to protect these assets so you can generate income, secure a comfortable retirement, transfer your wealth to your loved ones, and leave a legacy. Estate and legacy planning may sound like the same thing because they both …
Read More »
Vintage car enthusiasts, industry stakeholders, and various government agencies gathered at the historic Presidential Car Museum at the Quezon City Memorial Circle, as the Land Transportation Office (LTO) officially signed the Implementing Rules and Regulations of RA 11698, also known as the Vintage Vehicle Law (VVL). With the IRR completed and published, the law (which was passed last April 2022), …
Read More »
The Market Monitor Minding the Nation's Business