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News and Events

(Look) Motor Vehicle Loans Sustain Robust Growth Despite Slumping Car Sales

Outstanding vehicle loans rose 18% in July, but car sales for the month fell 24% from a year ago

Passenger and commercial vehicle sales sharply fell by almost a quarter in July compared to the same month last year after higher excise taxes on cars came into effect at the start of the year and fuel prices continued going up.In the ...

by Lorenzo Kyle Subido  | September 11, 2018 09:00:00
News and Events

Japan’s Hino Motors Tries Hand at Building Modern Version of Pinoy Jeepney

PH’s No. 2 truck seller enjoys faster sales as demand shifts from second-hand to brand new vehicles

The demand for brand new trucks and buses instead of second-hand vehicles has helped spur growth in sales of commercial vehicles of Hino Motors Philippines Corp. (HMP), the exclusive distributor of Japan’s No. 1 brand of trucks and buses in the country.“We ...

by Pauline Macaraeg  | October 14, 2017 10:00:00
News and Events

(WATCH) Why We Should Expect to See More Trucks on the Road

After posting record sales in 2016, PH’s leading truck maker sees more growth ahead

Motorists may not like big trucks because they occupy so much space on the road. But they perform a crucial role delivering goods from the ports to warehouses and factories, and to supermarkets, groceries and neighborhood stores.When the Manila city government tried ...

by Pauline Macaraeg  | April 26, 2017 10:00:00
News and Events

Strong GDP Growth Boosts PH’s No. 1 Truck Maker

Rising cargo volumes helped Isuzu Philippines triple its sales of heavy trucks in 2016

If it’s true that economic growth is delivered on the back of cargo trucks—a claim attributed to American truckers—then the Philippines looks set for further rapid expansion.Isuzu Philippines Corp., the country’s No. 1 truck maker, reported that sales of its heavy trucks ...

by Pauline Macaraeg  | April 23, 2017 10:00:00
News and Events

Japanese Truck Maker to Build Modern Version of the Jeepney

The quintessential Pinoy ride gets an upgrade in time for the PUV modernization program

Eleven heavy, medium and light-duty trucks are on display at the Isuzu Philippines Corp. (IPC)'s Truck Fest at the SMX Convention Center in Pasay City. That’s expected in a truck show, which runs from April 20 to 23, 2017. But amid all ...

by Pauline Macaraeg  | April 21, 2017 12:00:00
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