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News and Events

Bucking the Trend, British Supercar Manufacturer McLaren Will Not Build an SUV

Their CEO says doing so will dilute the brand

Lamborghini has one. So does Porsche, Aston Martin and Maserati. Even Ferrari has confirmed they’ll be unveiling an SUV by 2020 the latest.It’s an easy-to-understand business decision, as sport utility vehicles continue to surge in popularity over small and midsize sedans in the US. ...

by Patrick Carone  | September 09, 2018 12:00:00
News and Events

For the First Time, Vietnamese-Made Car Models To Be Unveiled at Paris Motor Show

Ready to buy an Italian-designed SUV or sedan made by Vietnam's first big auto manufacturer?

A rendering of the SUV VinFast is planning to unveil at the Paris Motor Show in October 2018A Vietnamese car company is preparing to launch its own range of vehicles by premiering it at the Paris Motor Show in October this year.It ...

by Paul John Caña  | July 18, 2018 06:00:00
News and Events

Almost Half of Future Car Buyers in PH are Open to Electric Vehicles: Are You One of Them?

For the first time, e-vehicle battery prices fell below $200 last year, says research firm Frost and Sullivan

Panelists during the forum on state of Electric Vehicles in the country, with a presentation by Frost and Sullivan Senior Consultant Paulo Mutuc (second from right)By the year 2025, the Philippines will have 10,000 e-jeepneys and about 200 charging stations. That’s a ...

by Paul John Caña  | July 12, 2018 03:00:00
News and Events

Eyeing a New SUV? Buyers Now Have More Options After BMW and Toyota Introduce New Models

The German and Japanese car giants bring the X2 and the Rush to the Philippines

The BMW X2 is a subcompact SUV launched in Manila in late April They say electric cars are the future of mobility, but don’t count out sport utility vehicles (SUVs) and pick-ups just yet. Global sales of electric vehicles may have surged 25 ...

by Paul John Caña  | May 05, 2018 03:00:00
News and Events

What Cars Can You Buy for Less Than Php12,000 a Month?

Here are six

Unless you've been living under a rock since the beginning of the year, you probably know that the country's automotive landscape has changed quite a bit since we rang in 2018.This is largely due to the implementation of the new Tax Reform ...

by Drei Laurel for TopGear.com.ph  | March 28, 2018 12:00:00
News and Events

Waiting for More Affordable Mirage and Vios Units Under Govt’s CARS Program? Forget It If Senate’s TRAIN Version Prevails

Government economists estimate that retail prices of the two car models would rise by 4-7.8%, potentially cutting demand by 10-24%

When the Philippine government rolled out a Php27-billion six-year program to boost domestic car production called Comprehensive Automotive Resurgence Strategy (CARS) program in 2016, one of the promises made to the public was that it would eventually bring down retail prices of ...

by Entrepreneur Staff  | December 07, 2017 02:00:00
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
Business Ideas

How Smart Driving School Caught Up with the Industry Leader

The company was founded by a couple who lost their jobs amid the Asian financial crisis in 1997

IMAGE Smart Driving SchoolEntering a market completely dominated by an incumbent player is tough. Pulling up alongside the leading industry player is even tougher.But Smart Driving School, one of the top two players in the automobile driving and road education industry, apparently ...

by Pauline Macaraeg  | June 26, 2017 10:00:00
Business Ideas

10 things you need to know about leasing vehicles

To lease or not to lease

Have you been using the family car to make your deliveries? As you expand your business and earn profits, you should consider getting a vehicle that is used solely for business only.If the business requires four or more cars or trucks, consider ...

by Entrepreneur Staff  | May 28, 2013 10:00:00
Business Ideas

Things to remember when choosing a vehicle for your business (Part II)

More tips to maximize your four-wheeled investment

Whether you\\\'re just starting a business or you\\\'re expanding a tried-and-tested entrepreneurial formula, getting a vehicle to help ease your operations can be tricky. Vehicles are not cheap so it\\\'s important that you know what to look for before you shell out ...

by Anna Barbara L. Lorenzo  | September 21, 2011 05:00:00
Startup Tips

5 questions to ask your car dealer

Ask the salesperson everything before leaving the dealership

Think you can march into the dealership, claim the keys to your new company vehicle and power away in only five minutes? Think again.Because cars and trucks are far more complicated today, taking possession of a new vehicle means taking a detailed ...

by Entrepreneur Staff  | September 21, 2011 10:00:00
Business Ideas

Things to remember when choosing a vehicle for your business (Part I)

Tips to help you maximize your four-wheeled investment

Whether you\\\'re just starting a business or you\\\'re expanding a tried-and-tested entrepreneurial formula, getting a vehicle to help ease your operations can be tricky. Vehicles are not cheap so it\\\'s important that you know what to look for before you shell out ...

by Anna Barbara L. Lorenzo  | September 14, 2011 02:00:00
Business Ideas

Automobile loans rev up in 2010

Thrift banks corner more than half of automobile loans in 2010

The year that was had automobile loans accelerate to record highs, based on the report of the Bangko Sentral ng Pilipinas, showing that 2010 posted a 23 percent increase compared to 2009. [Read about the financing schemes for small and medium enterprises ...

January 03, 2011 01:00:00
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