Tag: Toyota Motor

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Toyota backs RACE alongside EVIS to spur investments

Toyota Motor Philippines (TMP) is optimistic the proposed Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) Program will be rolled out alongside the government's Electric Vehicle Incentive Strategy (EVIS), saying the twin initiatives would strengthen the country's automotive manufacturing base while accelerating the transition to cleaner mobility.

Toyota Land Cruiser FJ debuts across Philippine market

Toyota Motor Philippines (TMP) has officially launched retail sales of the all-new Land Cruiser FJ, bringing a smaller and more accessible version of its legendary sport utility vehicle to the local market as it looks to attract a broader range of Filipino buyers.

Toyota Philippines reinforces fair competition with PCC commitment

Toyota Motor Philippines (TMP) and its nationwide dealer network have pledged to strengthen compliance with the Philippine Competition Act, reinforcing consumer protection standards as the country's largest automaker works with the Philippine Competition Commission (PCC) to promote fairer market practices.

Toyota races biofuels toward cleaner Philippine mobility future

Toyota Motor Philippines (TMP) has turned the racetrack into a real-world testing ground for locally produced biofuels, demonstrating that cleaner fuels can deliver high performance while reducing the country's dependence on imported petroleum.

Toyota turns racetrack into clean mobility testbed 

Toyota Motor Philippines (TMP) is putting sustainability in the fast lane, transforming the TOYOTA GAZOO Racing (TGR) Philippine Cup into a real-world testing ground for low-carbon fuels as it advances cleaner mobility solutions for the Philippine market.

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Foreign currency reserves drop to $97.4B

The Bangko Sentral ng Pilipinas (BSP) reported that the country’s gross international reserves (GIR) stood at $97.4 billion as of end-October 2026. This dip in foreign currency reserves was primarily driven by the central bank’s active foreign exchange interventions, downward adjustments in the value of gold assets amid shifting global prices, and the national government withdrawing funds from its central bank deposits to cover foreign debt service obligations alongside other international funding needs.

Motorcycle sales rebound 8.1% in Q3 to 524,860 units

Motorcycle sales among the country’s four major manufacturers rebounded in the third quarter of 2026, rising 8.1 percent year-on-year to 524,860 units as stronger monthly volumes in August and September reversed the previous quarter’s contraction.

ASEAN growth summit brings business leaders, Angelina Jolie to Manila

The Philippines will bring some of the world’s biggest business names, regional policymakers and Hollywood actress Angelina Jolie to Manila on November 11 for a summit focused on how Southeast Asia can protect economic resilience, accelerate digital transformation and ensure growth reaches smaller businesses and underserved communities.

Japan-Philippines friendship highlighted at 82nd Battle of Surigao Strait commemoration

The enduring friendship and diplomatic ties between Japan and the Philippines took center stage during the 82nd commemoration of the historic Battle of Surigao Strait, jointly organized by the City of Surigao and the Province of Dinagat Islands.

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