Articles about Auto Industry

A sad day for the auto industry

A sad update from the local auto industry today. You've probably seen the news circulating on social media by now, but we're here to confirm that it's true: Car Porn Racing, one of the local aftermarket scene's most

The brand is now also offering free e-bikes

One reason some families stick with a single car brand? It's simply easier to upgrade within a product ecosystem you're satisfied with than it is to try out something new. Why mix things up when you're already familiar with

Will our market eventually feel the sting?

The ongoing global semiconductor chip shortage continues to impact the auto industry. This time, Toyota is once again making adjustments to its production lines because of the crisis.The Japanese car manufacturer has announced that it is halting production at three more

Uh oh

The Department of Trade and Industry (DTI) isn't done tinkering with its imposition of safeguard duties on car imports just yet.The government agency has further narrowed down its list of countries exempted from its provisional safeguard duties on passenger cars

COVID has affected supply chains

The automotive industry's sales situation during the pandemic is more complicated than it looks. For example, a drop in sales isn't as simple as uncertain buyers or less spending power. You have supply chains to take into account, too, and

Times have changed

Buying cars isn't what it used to be. No, we aren't just referring to all the health and safety protocols in place, or how brands are now shifting attention to virtual showrooms. Even applying for car loans has changed-and

One country sold zero cars in a month

The Philippine auto industry wasn't the only one to take a major hit in Southeast Asia due to COVID-19. In fact, according to data collected by the ASEAN Automotive Federation from January to October 2020, car sales in the region

Move over, Bill Gates

Well, that didn't take long. Elon Musk has surpassed Microsoft founder Bill Gates to become the world's second-richest individual less than a week after he claimed third place from Facebook's Mark Zuckerberg.According to a report by Bloomberg,

Bill Gates better watch out

Elon Musk's pretty hit or miss when it comes to his conduct on Twitter. In 2018, for example, the Tesla boss caused quite a ruckus with one single tweet that led to millions of dollars in fines from the US Securities

The local auto industry’s recovery continues

By the end of the third quarter of 2020, data showed that the local automotive industry was already seeing some improvements in terms of sales. Now, a month into the last quarter of the year, it seems that the industry's recovery

Did you buy a car this year?

The numbers are in, and so far, things haven't been good as far as local car sales go. But there seems to be light at the end of the tunnel.According to data provided by the Chamber of Automotive Manufacturers of

Not a good look for the industry

The local automotive industry is off to a rough start for 2020.According to figures collected by the Association of Vehicle Importers and Distributors (AVID), sales across all segments-passenger cars, light commercial vehicles (LCV), and commercial vehicles-are down in January

“The new structure will strengthen Audi’s role within the Volkswagen Group”

Audi will soon be completely owned by the Volkswagen Group after the latter announced its plans to acquire the remaining 0.36% of the carmaker's shares. Prior to this announcement, Volkswagen owned 99.64% of Audi's shares.The company also

“Air transportation has been a long-term goal”

Is Toyota getting into the business of getting the Corolla and Camry to take flight? Not exactly, but perhaps this new development could lead to something like it down the line.Toyota has just announced a $394-million investment in California-based

Number one is a bit of a surprise

Bill Gates is, apparently, the richest person in the entire global car industry.Surprising, we know, but according to Bloomberg's list of the 20 richest individuals in the business based on total wealth, the Microsoft man's $914,554,258 stake

The formula is still top secret

There are a handful of top-secret concoctions that are locked away in vaults, like the composition of Coca-Cola, and the list of the 11 secret herbs and spices that Colonel Sanders used to create KFC fried chicken. The WD-40

It’s a massive aftermarket parts show

There's a huge event happening this weekend at the SMX Convention Center in Metro Manila. From July 13 to 15, auto aftermarket retailers and distributors, as well as audio visual equipment enthusiasts, can source parts and accessories directly from manufacturers at

Is your favorite carmaker included?

The past year was one hell of a time to be interested in the auto industry. There were incredible highs--as in the case of Elon Musk and Tesla's meteoric rise to superstar status--as well as embarrassing lows (looking at

A young, female executive for a change

During an intimate breakfast meeting with the media, Ford Philippines announced the appointment of its new managing director, Kay Hart. She will replace former company president, Randy Krieger, who has been appointed director of Ford ASEAN\'s marketing and sales division. Both

Like what new models we'll be getting in our market soon

The 34th Bangkok International Motor Show has a number of displays outside the massive Challenger Halls 1 to 3, which house the actual show. Interestingly, there's a long wall chronicling the growth of the Thailand automotive industry compared to those of