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News and Events

Unfazed by Looming Vehicle Excise Tax Increase, Luxury Car Brands Jaguar and Land Rover Are Back in PH

The British car company returns to the country under Coventry Motors Corp. after a six-month break

Present at the signing were (from left) Gerry Alejandro, president of CMC; George T. Barcelon, chairman of CMC; Robin Colgan, managing director of Jaguar Land Rover Asia Pacific; Andy Wust, customer service director of Jaguar Land Rover Asia PacificDespite the looming increase in ...

by Paul John Caña  | November 24, 2017 07:00:00
Startup Tips

Financial Adviser: 5 Business Lessons You Can Learn From the Founder of Blade

Blade Auto Center now has a total of 50 outlets nationwide. How did Robertson Sy Tan do it?

Robertson Sy Tan is the founder and owner of Blade Auto CenterRobertson Sy Tan had been working for the family business for 20 years when, one day, while reading Robert Kiyosaki’s Rich Dad Poor Dad, he realized that he was the person ...

by Henry Ong  | August 29, 2017 04:00:00
News and Events

San Miguel to Own 65% of New Firm to Sell BMW Cars in PH

One of the country's biggest conglomerates enters the luxury car business amid government plans to raise vehicle taxes

San Miguel Corporation (SMC) is putting up a new affiliate that will serve as the official distributor and importer of BMW cars in the country, the conglomerate said in a disclosure filed to the Philippine Stock Exchange on Tuesday, July 18.San Miguel ...

by Elyssa Christine Lopez  | July 18, 2017 08:00:00
News and Events

Higher Vehicle Excise Taxes Seen to Have Minimal Impact on Car Sales

BPI Family Bank expects buyers to either choose cheaper models or apply for a car loan

In response to government proposals to increase excise taxes on the sale of new automobiles, car manufacturers and dealers have warned that the move would crimp car sales. That could hurt not just the companies but also the thousands of workers employed ...

by Pauline Macaraeg  | July 14, 2017 02:00:00
News and Events

It seems P25,000/month is the minimum if you want an SUV these days

Here are several 7-seaters that fit the bill

As a general rule, a big vehicle is likely to be more expensive than a smaller one. That's just how the rules (and production costs) work in the automotive jungle. That's why you often see first-time buyers start small, and work their ...

by Jason Tulio for  | July 10, 2017 08:00:00
News and Events

Mitsubishi Motors Celebrates 100 Years in One-Of-A-kind Motor Show

Japanese car giant marks a century of innovation with auto expo

One hundred years since it introduced the Model A, the first car ever to be adorned with the three-diamond emblem, Mitsubishi is now one of Japan’s largest companies and one of the world’s most recognized automobile manufacturers. The 22-car production of Japan’s ...

June 09, 2017 05:00:00
News and Events

5 Surprising Things to Come Out of the Detroit Auto Show

Strides in autonomous driving got more attention than green cars

While CES attracted a fair share of automakers looking to showcase cutting-edge car tech, from Microsoft’s Cortana virtual assistant in Nissan vehicles and Amazon’s Alexa in Fords and Volkswagens to Visa digital payments in Hondas, there were still plenty of surprises left ...

by Lydia Belanger  | January 13, 2017 12:00:00
Run & Grow

Truckmaker’s tips: Centro’s Raffy Juan shares his entrepreneurial learnings

The story of the Pinoy truck manufacturer for Isuzu, Hyundai, Mitsubishi and Toyota

Risk goes hand in hand with entrepreneurship. Entrepreneurs know that their forays into business will rarely be smooth sailing, and the best they can do is to prepare themselves for the rough patches. Failure to do so can spell doom for the ...

by Entrepreneur Staff  | September 30, 2016 09:00:00
News and Events

Mitsubishi, Toyota to invest Php 7.5B in CARS program

Business expected to boom for local parts suppliers and related sectors

The government’s Comprehensive Automotive Resurgence Strategy (CARS) program will attract more investments and generate business for local parts suppliers, following the approval of Mitsubishi and Toyota, its two main participating car makers (PCMs), the Department of Trade and Industry announced.Mitsubishi Motors Corp. ...

by Elyssa Christine Lopez  | September 01, 2016 03:00:00
News and Events

Indian businesses explore trade, investment opportunities in PH

IT, automotive and agriculture among top sectors

Companies from India are exploring more trade and investment opportunities in the Philippines, according to the Department of Trade and Industry’s Philippine Trade and Investment Center (PTIC) – New Delhi, which recently conducted a business round table discussion with top Indian firms. ...

by Entrepreneur Staff  | July 26, 2016 01:00:00
Run & Grow

6 Lessons from Elon Musk: Tesla, SpaceX and the Quest for a Fantastic Future

The book by Ashlee Vance’s highlights the rise of the ‘Iron Man’ of today’s technopreneurship world.

 A trailblazer in the clean technology industry, Elon Musk has been equated as the inspiration of the Iron Man character in the films to another Silicon Valley icon who wish to die in Mars.But Ashlee Vance’s Elon Musk: Tesla, SpaceX, and the ...

by Elyssa Christine Lopez  | July 01, 2016 06:00:00
Run & Grow

This car's tech wants to make sure you don't forget your wallet

No more crazy searching for lost keys.

What if your car could warn you that you were missing something before you pulled out of the parking lot? Lost-item-locator startup Tile and Jaguar Land Rover are teaming up to make this scenario a reality.Tile, a four-year-old company, makes $25 (P1,172) ...

by Nina Zipkin  | May 01, 2016 01:00:00
Run & Grow

This 29-year-old entrepreneur was rejected by 35 potential employers

Now, Dan Kan is the co-founder of a $1-billion startup. Here's how he did it.

When Dan Kan was a senior in college, he applied for about 35 jobs, most of them in finance. By the time he graduated in 2009 from Claremont McKenna college in California, US, Kan had been rejected from all but two of those jobs.“I ...

by Catherine Clifford  | April 30, 2016 11:00:00