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News and Events

Toyota Aims to Sell 3,500 New Vios Units a Month Despite Higher Prices and Taxes

The new Vios model starts at Php659K and goes up to Php1.1 million

Toyota unveiled its all-new Vios and said it plans to sell 3,500 units a month this yearDespite a slowing down of car sales in the first half of the year caused by new automobile excise taxes, Toyota is confident it can reach ...

by Paul John Caña  | July 21, 2018 08:00:00
News and Events

What Do the Majority Owners of PH’s No.1 Car Maker Really Think of the New Taxes on Automobiles?

Alfred Ty of GT Capital, which owns 51 percent of Toyota PH, shares his views on the newly approved tax law

Alfred Ty at the Christmas lunch for media and the launch of the new Toyota Yaris at the Grand Hyatt Hotel in Bonifacio Global CityA member of the Ty family, which controls the holding firm that owns a majority of Toyota Motor ...

by Paul John Caña  | December 20, 2017 06:00:00
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