Tag: Toyota

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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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Gilas men’s 3×3 sweeps opening Asian Games matches

Sports & Entertainment 0
Gilas Pilipinas Men’s 3x3 team wasted little time making its presence felt at the 2026 Aichi-Nagoya Asian Games, winning twice Monday and putting itself within touching distance of the quarterfinals.

Mitsubishi Corp raises Ayala stake to 15% in P44.5-billion deal

Corporate 0
Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.

Serial fuel price hikes hit households and businesses: adjustments staggered

Energy & Mining 0
Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.

PH launches school milk program; 4.6 million learners to benefit

Agriculture 0
The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.

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