Transport & Logistics
Honda expands hybrids, holds price despite weak peso
Honda Cars Philippines Inc. (HCPI) is holding vehicle prices steady despite the weakening peso, as the company ramps up its push for hybrid models in the local market.
AirAsia X orders150 Airbus A220 jets in $19 billion deal
AirAsia has signed a deal with Airbus to buy 150 A220-300 aircraft in an agreement valued at about $19 billion at list prices. The airline also has the option to increase the order to 300 aircraft in the future, making it the largest single firm order globally for the A220 model.
Toyota Tamaraw wins DOTr certification as modern PUV
The Department of Transportation (DOTr) has officially granted the “Modern PUV Class 1” certification to the Toyota Tamaraw, a milestone in the Philippines’ public utility vehicle modernization program, Toyota Motor Philippines Corp. (TMP) president Masando Hashimoto announced.
New Lucena port terminal to open, promising faster more affordable travel
The Department of Transportation (DOTr) on Thursday said that the Port of Lucena will soon open its newly expanded Passenger Terminal Building (PTB) aimed at improving comfort, convenience, and efficiency for passengers and tourists.
Philippine automakers plot decade-long shift to EVs
The Philippines’ top automotive assemblers are aligning behind a phased, decade-long transition to electric mobility, backing the government’s goal of making electric vehicles account for 50 percent of the country’s vehicle fleet by 2040 under the Comprehensive Roadmap for the Electric Vehicle Industry.
