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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

What Cars Do Senators Own, And How Will TRAIN Law Affect Their Vehicles’ Retail Prices?

The Senate gets credit (or blame) for easing excise taxes on luxury vehicles. What will it cost them if they buy the same cars this year?

One of the oddest outcomes of the Tax Reform for Acceleration and Inclusion (TRAIN) Law, which came into effect last January 1, 2018, was the lopsided impact of the new tax law on low-priced and high-end vehicles.While the new law increased the ...

by Pauline Macaraeg  | January 26, 2018 10:00:00
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