automotive

BIZ BUZZ: Mitsubishi PH takes the lead

Bucking a downtrend in the auto industry, things are looking rosy for Mitsubishi in the…

GT Capital sees 2025 record profit

GT Capital Holdings is expecting to hit a record profit for 2025 after its banking…

‘Omotenashi’: The Japanese spirit that drives Lexus

When Japanese carmaker Lexus debuted in the Philippines in 2009, it faced headwinds expected for…

BIZ BUZZ: Century comes to the fore

The Philippines’ true 1-percenters have a new ultraluxury vehicle brand to check out—Century, touted as…

Cars, trucks sales dip in September

Automotive sales declined in September despite renewed consumer confidence and sustained market momentum. In a…

Toyota Financial wraps up P5-B bond issue

Toyota Financial Services Philippines Corp. (TFSPH) has raised P5 billion from its maiden bond offer.…

Toyota Financial offers P2-B bonds at nearly 6% yield

The automotive financing and leasing arm of GT Capital Holdings Inc. will raise P2 billion…

BIZ BUZZ: What’s next for Ayala’s car business?

If you’re wondering whether Ayala will give up more car dealerships after Volkswagen and Honda,…

Volkswagen pulls out of PH automotive market

The Ayala group’s Automobile Central Enterprise Inc. (ACEI) has come into an agreement with Volkswagen…

PH car sales dropped by 7.6% in Aug. 

Geopolitical tensions in the Middle East, coupled with uncertainties over US President Trump’s erratic tariff…