Tag: Toyota
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BOI eyes clearing auto tax backlog
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
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
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
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.
