Mitsubishi Motor Philippines Corp. (MMPC) is lining up a P7-billion investment to jumpstart hybrid vehicle manufacturing in the Philippines, moving the project into its development phase, a senior executive said.
The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPi) said the industry is unlikely to reach this year’s 500,000-unit sales target, as demand continues to soften.
The Land Transportation Office (LTO) has emerged as the most complained-about government agency as of March 31, according to Anti-Red Tape Authority (ARTA) Director-General Ernesto Perez. The latest figures show that LTO has overtaken the Food and Drug Administration (FDA), which previously held the top spot and has now slipped to third place.
Toyota Motor Philippines and Lexus Philippines will serve as official mobility partners for the Philippines’ hosting of the ASEAN 2026 Summit, placing electrified transport at the heart of high-level regional engagements.