Tag: Toyota

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Toyota eyes stability after market shock

The Philippine auto industry is entering 2026 with guarded expectations as lingering aftershocks from a turbulent second half of 2025 weigh on recovery prospects.

Toyota accelerates electric vehicle expansion for 2026

Toyota Motor Philippines Corp. (TMP) is ramping up its growth and electrification strategy, announcing plans to roll out five new models in 2026 as it builds on strong sales momentum and demand for locally-produced vehicles.

Toyota brings hospitals on wheels

The Toyota Mobility Foundation (TMF), together with Toyota Motor Philippines Foundation and the University of the Philippines–Philippine General Hospital (UP-PGH), has rolled out the HEAL Mobile Clinic, a healthcare initiative that brings hospital-grade diagnostic services directly to underserved communities through mobility-driven solutions.

Gov’t secures funds, calms carmakers’ nerves

The government has moved to steady investor confidence in the automotive sector, assuring participants in the Comprehensive Automotive Resurgence Strategy (CARS) program that long-promised incentives will be honored despite last year’s budget setback.

Toyota urges sustained gov’t support for CARS program 

Following the veto of the budget for fiscal support to the Comprehensive Automotive Resurgence Strategy (CARS) program, Toyota Motor Philippines (TMP) underscored the need for sustained government backing to ensure the country’s competitiveness in the automotive manufacturing sector.

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ADB offers $500M emergency funding as El Niño risks loom

The Asian Development Bank (ADB) is ready to provide the Philippines with up to USD500 million in emergency financing to help address disasters, including the potential impact of a severe El Niño episode, although the government has yet to request additional assistance.

PITX plans smart transport hub network as terminal nears capacity

From a once-contested solution to Metro Manila’s provincial bus congestion, PITX is positioning itself for a bigger role in the country’s transport system as passenger traffic approaches its design capacity.

Marcos confirms Aguda resignation, rules out Dizon transfer 

President Ferdinand Marcos Jr. has confirmed accepting the resignation of Information and Communications Technology Secretary Henry Aguda, while ruling out for now the possible transfer of Public Works Secretary Vince Dizon back to the Department of Transportation (DOTr).

Stocks face cautious trading as inflation, rate risks mount

Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.

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