Tag: Toyota

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Toyota urges sustained gov’t support for CARS program 

Economy Context.ph Context.ph -
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.

BOI eyes clearing auto tax backlog

Economy Context.ph Context.ph -
The Board of Investments (BOI) is confident it can finally make a major dent in nearly P5 billion worth of unpaid auto tax credits, after the government restored funding for the Comprehensive Automotive Resurgence Strategy (CARS) Program in the proposed 2026 national budget.

Toyota Philippines accelerates electrification with multi-pathway gains

Corporate Context.ph Context.ph -
Toyota Motor Philippines Corporation (TMP) posted a strong 45-percent surge in electrified vehicle (xEV) sales from January to November 2025, signaling growing acceptance of its multi-pathway approach to cleaner mobility. 

Toyota rolls out battery EV for Philippine main stream market

Transport & Logistics Context.ph Context.ph -
Toyota Motor Philippines (TMP) has officially switched on its full-electric era with the December 11 rollout of the all-new bZ4X, the company’s first Battery Electric Vehicle (BEV) under the Toyota brand—and the clearest signal yet that the country’s No. 1 automaker is ready to push EVs into the Filipino mainstream.

US automakers show divergent Q1 sales

Transport & Logistics Context.ph Context.ph -
US automakers Ford Motor and General Motors (GM) have reported divergent sales figures for the first quarter of 2024, just a day ahead of the expected implementation of a 25 percent tariff imposed by the administration of President Donald Trump on foreign cars and parts.
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DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

Energy & Mining 0
The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

Energy & Mining 0
Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

Jollibee sees steady growth despite price hikes and rising costs

Corporate 0
Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.

ManageEngine upgrades Log360 with AI-driven security automation

Communications & Technology 0
ManageEngine, the enterprise IT management division of Zoho Corporation, has announced a major upgrade to its Log360 security platform, adding built-in security orchestration, automation, and response (SOAR) capabilities aimed at helping companies respond faster to cyber threats.

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