automotive

Nissan may call off merger talks with Honda, source says

TOKYO — Japan’s Nissan may call off its merger talks with Honda, according to a…

New high: PH vehicle sales seen to top 500K this year

Vehicle sales in the Philippines are expected to reach a new high topping 500,000 units…

Ayala bags $100-M ADB loan for EV development

The Asian Development Bank (ADB) has signed a $100-million financing deal with Ayala Corp. for…

PH vehicle sales hit fresh record-high in 2024

Vehicle sales hit a new record-high in 2024, although that was not enough to hit…

Petron eyes more auto service facilities

Major oil firm Petron Corp. of billionaire Ramon Ang targets opening more facilities for automotive…

Volkswagen sets major job cuts, but no plant closure, to cut costs

HANOVER, GERMANY—Crisis-hit auto giant Volkswagen said Friday it planned to axe 35,000 jobs by 2030…

BDO bankrolls Mober purchase of EV trucks

BDO Unibank Inc. is bankrolling Mober’s acquisition of 60 new electric vehicle (EV) trucks, which…

Honda, Nissan mull over possible merger, sources say

TOKYO — Honda and Nissan are in talks to deepen ties, two people said on…

Ferrari will always make its cars in Italy, CEO says

NEW YORK — Ferrari will always make its luxury sports car in its hometown of…

Toyota to churn out 20,000 Tamaraw units

The local unit of automotive giant Toyota Motor plans to build around 20,000 units of…