ACMobility has acquired Evro, the electric vehicle (EV) charging network developed by Globe’s venture builder and tech innovation arm 917Ventures.
Showing posts with label PHL Auto Industry. Show all posts
Showing posts with label PHL Auto Industry. Show all posts
December 23, 2024
ACMobility Acquires Evro Charging Network
ACMobility has acquired Evro, the electric vehicle (EV) charging network developed by Globe’s venture builder and tech innovation arm 917Ventures.
December 17, 2024
Ford Philippines Confirms EVs Are Coming In 2025; Starts Dealer Preps, Training
Ford Philippines’ new managing director, Pedro Simoes, has declared “three big headlines” for 2025. The newly installed head of Ford in the Philippines made the announcement at a media year-end gathering.
GAC Motor PH Sales Breach 3,000 Units, A Growth Of 79 Percent Versus 2023
GAC Motor Philippines has managed to breach 3,000-unit sales this 2024. The Chinese carmaker, distributed by Astara’s year-to-date performance of 3,060 units sold eclipses the 1,714 units sold last year representing a 79 percent year-on-year growth.
December 10, 2024
Toyota Motor PH Chairman Says New Car Sales Set To Reach Record; Electrified Vehicle Sales Doubled
The Philippine auto industry may have a record year this 2024 in terms of sales. This is according to Toyota Motor Philippines chairman Alfred Ty. Ty says that full-year 2024 sales could be close to, or even surpass 2017’s record 473,943-unit sales.
November 28, 2024
Gawa Ng Pilipino, Para Sa Pilipino: Toyota Motor PH Rolls Out Next-Generation Tamaraw
Toyota Motor Philippines Corporation (TMP) rolled off the Philippine-made next-generation Tamaraw commercial vehicle at its manufacturing plant and headquarters in Santa Rosa, Laguna.
November 4, 2024
September 2024 New Car Sales Hold Steady As Chinese Brands Take 5.44 Percent Market Share
New vehicle sales remained steady last September, moving a total of 39,542 units. This is a one percent growth compared to the 39,155 units sold in August and a 2.4 percent growth (38,628) compared to September 2023. This is according to the joint report of the Chamber of Automotive Manufacturers, Inc. and the Truck Manufacturers Association (CAMPI-TMA).
October 30, 2024
Omoda & Jaecoo PH Quietly Appoints New Country Director
Its products have yet to hit showrooms, but there’s already a new person in charge over at Omoda and Jaecoo Philippines. The transition happened rather quietly (and suddenly) this week after the conclusion of the 12th Philippine EV Summit.
October 17, 2024
GAC Motor Cements Itself As Philippines' 2nd Best-Selling Chinese Brand
Astara-backed GAC Motor Philippines is now the second best-selling Chinese car brand thanks to an outstanding year-to-date sales performance this 2024. From January to September, the brand recorded a 106 percent increase in sales compared to the same period last year, with a total of 2,511 units sold.
October 15, 2024
Hyundai Motor PH Announces Appointment Of New President
Hyundai Motor Philippines (HMPH) has announced the appointment of a new president: Jiho Son. Mr. Son replaces Dongwook Lee who has served as HMPH’s president since the brand’s inauguration in June 2022.
September 28, 2024
Ayala Drops KTM And Husqvarna Brands
Adventure Cycle Philippines, Inc. (ACPI), operated by Ayala Corporation, is ceasing its operations as the official Philippine distributor of KTM and Husqvarna starting October 1, 2024 eight years since they got the brand. The announcement was made on the brands’ respective social media channels.
September 15, 2024
BYD Is Now The Philippines' Best-Selling EV, 2nd Best Selling Hybrid Brand
During the opening of the new BYD Experience Hub in Glorietta 1, Bob Palanca, the Managing Director for BYD Cars Philippines, says the brand is now the number one New Energy Vehicle (NEV) brand in the Philippines.
September 5, 2024
Ford Philippines Appoints New Managing Director
Ford Motor Company has announced the appointment of Pedro Simoes as managing director, Ford Group Philippines, effective December 1. Pedro is currently marketing, commercial vehicle and fleet director, Ford Middle East. He will succeed Michael “Mike” Breen who will be repatriating back to the US.
September 3, 2024
JAC Motors Believes Now Is The Right Time To Enter The Philippine Market
JAC Motors believes that now is the right time to enter the Philippine market. Four months after JAC, as a brand, was previewed at the Manila International Auto Show (MIAS), the state-owned automaker based in Anhui, believes they’re more than ready to serve the local car buying public.
August 12, 2024
Mitsubishi Motors PH Just Hit 20 Percent Market Share
Mitsubishi Motors Philippines Corporation (MMPC) brought select members of the media to Thailand to watch the 2024 Asia Cross Country Rally. During the welcome dinner, Executive Vice President for Sales and Marketing Toshiaki Kato shared some exemplary numbers.
July 30, 2024
Chevrolet Switches Distributors In The Philippines
Chevrolet has officially switched distributors. Formerly distributed by The Covenant Car Company, Inc. (TCCCI), it’s now being distributed by HARIPHIL Asia Resources, Inc.
Will Unchecked Electrified Vehicle Subsidies Cause Problems For The PH Auto Industry?
Will unchecked subsidies, or in the case of the Philippines, tax incentives on electrified vehicles, lead to a collapse of the local automotive manufacturing sector? That may be the case if we were to look at possible lessons learned from our neighbor Thailand where several car makers have started consolidating their manufacturing bases and some auto parts suppliers have begun to close.
Here's Your Full June (And H1) 2024 New Car Sales Breakdown
New car sales experienced a slight decline in June 2024 with a 2.9 percent decrease compared to the previous month. This was shown in the joint report of the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).
July 20, 2024
Geely's Change Of Distributor Announcement Is The Latest And, Likely Last, PR Blunder From SGAP
Sojitz G Auto Philippines (SGAP) has officially dropped the Geely brand. Despite ceasing being the Chinese brand’s official distributor of vehicles and parts since July 1, they only made the official announcement (posted on their official website) last Friday, July 19, 2024.
July 15, 2024
GAC Motor PH Achieve Record H1 Sales In 2024; To Expand Line-Up With 6 New Models In Next 6 Months
GAC Motor, under Astara Philippines, celebrated several business milestones during the first half of 2024. Highlights included a record increase in sales volume for the first half of 2024, the introduction of additional models in the next six months, and the expansion of its dealer network.
July 10, 2024
Ford Ranger Sales Are Up 29 Percent For First Half 2024
Ford Philippines delivered another solid retail performance for the first six months of the year, with overall sales reaching 14,460 units.
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