Tag: Toyota

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Toyota flags scale, flexibility concerns after RACE axed 

The decision to scrap the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program has drawn a measured response from Toyota Motor Philippines Corp. (TMP), the country’s largest vehicle assembler, which had been preparing for the initiative’s rollout as early as last year.

Toyota Philippines profit hits record on EV push 

Toyota Motor Philippines (TMP) booked a record P19 billion net income in 2025, up 18.9 percent from P16.03 billion a year earlier, parent GT Capital Holdings reported, as strong vehicle demand and an expanding electrified lineup lifted results.

GT Capital earnings rise on strong core units

GT Capital Holdings, Inc. posted a 17 percent increase in consolidated net income to P33.68 billion in 2025, driven by solid contributions from its...

Toyota Philippines targets 20% EV sales

Toyota Motor Philippines is ramping up its electrification push, targeting electrified vehicles to account for 20 percent of total sales this year, as demand for greener mobility gains traction.

Toyota expands EV push amid fuel spike

With pump prices climbing past P100 per liter, Toyota Motor Philippines (TMP) is accelerating its shift toward electrified mobility, positioning hybrids and battery electric vehicles as practical alternatives for cost-conscious motorists.

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Meralco advances nuclear push with SMR feasibility study, partnering global and local experts

The Manila Electric Co. (Meralco) and its power generation arm Meralco PowerGen Corp. (MGEN) are moving forward in their pursuit of nuclear energy, launching a comprehensive feasibility study for small modular reactors (SMRs) that could reshape the country’s power supply for both the industry and consumers.

Metro Pacific Water to pour P23 billion into PH, Vietnam projects over 5 years

Metro Pacific Water (MPW) plans to invest up to P23 billion over the next five years to upgrade and expand water services across the Philippines and Vietnam, the firm announced Tuesday.

Meralco secures lowest bids for 600MW supply; three power firms win capacity shares

The Manila Electric Company (Meralco) has locked in the most competitive bids for its 600-megawatt power supply requirement under the government-mandated Competitive Selection Process (CSP), marking a key milestone in securing long-term, cost-effective electricity for its customers.

Metro Manila air quality drops to unhealthy levels across all stations due to Indonesia haze 

The Department of Environment and Natural Resources — Environmental Management Bureau (DENR-EMB) confirmed Tuesday that fine particulate matter (PM2.5) reached unhealthy levels at every monitoring station in Metro Manila, driven by smoke and haze from ongoing forest fires in Kalimantan, Indonesia carried here by prevailing winds.

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