automotive

BIZ BUZZ: Tesla is coming to town

Tesla Motors, the Elon Musk-led company that produces “bad..s, zero-emission vehicles that can charge with…

PH vehicle production hit peak 2024 growth in August

Local vehicle production revved up by more than a third in August, the highest monthly…

Toyota seen to maintain market-leading position in PH 

The Philippine unit of automotive giant Toyota is looking to sell more than 200,000 vehicle…

Growth in PH vehicle sales slowed to 2.4% in Sept.

Sales of automotive vehicles in the Philippines grew 2.4 percent in September, becoming the local…

As EU targets Chinese cars, European rivals sputter

PARIS — As the EU seeks to put a brake on competition from Chinese electric…

Bridgestone latest Japan firm to end Olympics sponsorship

TOKYO — Tyre giant Bridgestone has become the latest Japanese firm to end its Olympics…

Crisis-hit German auto giant Volkswagen cuts forecasts

FRANKFURT, Germany — Auto giant Volkswagen cut its 2024 forecasts Friday, as it battles a…

BIZ BUZZ: Ayala unit gives up KTM, Husqvarna

KTM AG, the largest European motorcycle manufacturer from Austria that specializes in “Ready to Race”…

BMI: Rate cuts to rev up PH auto demand

The projected decline in interest rates could boost local demand for cars, boding well for…

Car sales expanded by 6.2% in August

Philippine vehicle sales grew by 6.2 percent in August, improving from the preceding month but…