TMP took 27 years to hit 1-M, another seven for 2-M, and just over four to reach 3-M
The carmaker is investing P7 billion in local manufacturing
On July 30, 2026, President Ferdinand Marcos Jr. signed Executive Order No. 121, which will implement the Electric Vehicle Incentive Strategy (EVIS) Program. The initiative ultimately aims to attract automakers to build their electric vehicles here in the Philippines.Mitsubishi Motors Philippines
by Billy Caluag
The Electric Vehicle Incentive Strategy Program is now in place
President Ferdinand Marcos Jr. has just signed Executive Order No. 121, which orders the implementation of the Electric Vehicle Incentive Strategy (EVIS) program.This aims to promote the manufacturing of fully electric and hybrid vehicles in the Philippines and to also support
by Billy Caluag
The Japanese brand has expressed its intentions to join the upcoming program
Local automotive manufacturing is getting another huge boost, as Mitsubishi Motors has confirmed its intention to participate in the Philippine government's Electric Vehicle Incentive Strategy (EVIS) program. This was announced following a meeting between President Ferdinand Marcos Jr. himself and Mitsubishi
This comes as the latest phase in Re:Nissan
Nissan has announced that it has sold its manufacturing plant in Rosslyn, South Africa, to Chinese carmaker Chery. The factory was established over 50 years ago, and primarily produced the Navara pickup for several African markets.The Japanese carmaker also announced that
by Billy Caluag
Funding source for RACE program yet to be identified
Fiscal support for car manufacturing in the Philippines has found an unexpected source: 'declared and verified savings' of the Department of Public Works and Highways from the 2025 budget.You may recall that President Ferdinand Marcos Jr., in signing the 2026 General
As their efforts had already generated economic benefits
The Philippine automotive industry recently took a blow as President Ferdinand Marcos Jr. vetoed financial support for two major and ongoing programs in 2026.These are the Comprehensive Automotive Resurgence Strategy (CARS) and the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE)
The government reportedly has about P4-B in arrears under the two programs
In light of the pandemic, the Philippine government decided to extend the Comprehensive Automotive Resurgence Strategy (CARS) program-a move that favored both Toyota Motor Philippines (TMP) and Mitsubishi Motors Philippines (MMPC) as well as the local auto industry. For 2026, however,
The Almera, Kicks, Navara, and Terra will now all be built under one roof
Back in June, Nissan started streamlining its operations across several markets in order to optimize its costs. This came along with plant shutdowns and thousands of layoffs. For our region, it was the integration of multiple production lines into the Samut Prakarn
And another facility in Mexico might be closing, too
Nissan has announced that yet another one of its manufacturing plants will be closing down. The Nissan Mexico Civac plant is scheduled to cease operations by March 2026, marking the end of the Yokohama-based brand's first factory outside of Japan.
by Billy Caluag
Affecting around 3,900 employees
Nissan has announced that its Oppama manufacturing plant in Yokosuka, Japan, will cease operations by the end of its 2027 fiscal year, or by March 2028. The Oppama plant began the assembly of the Nissan Leaf back in 2010, and continued to
by Billy Caluag
Here’s what it could mean for vehicles produced and imported in the US
Despite President Donald Trump's campaign promise to impose heavy tariffs on foreign goods including cars, there has been widespread surprise-indeed shock-that he has gone ahead and done exactly that.From now, foreign cars sold in the US are subject
by Paul Horrell
What will happen is a consolidation, not a shutdown
Earlier, we reported that Nissan will be closing its manufacturing plant in Thailand effective April 1, 2025, according to CEO Makoto Uchida. This comes after the beleaguered carmaker announced that its planned merger with Honda will not be pushing through, for reasons
Our market loves seven-seaters, after all
Mitsubishi Motors Corporation (MMC) is committing to a P7 billion investment plan in the Philippines over the next five years, including the production of a new model at the Mitsubishi Motors Philippines (MMPC) plant in Santa Rosa, Laguna.The pledge was formalized
But no plants will be closed
Nissan's most recent financial report wasn't as healthy as it was a year ago. Japan's second-largest automaker posted profit losses and slower sales. It has even reached a point wherein the company had to sell 10% of its
In addition to developing smaller EV batteries
Chemical engineers are suggesting a ban on single-use vapes could help prolong the supply of critical materials needed for electric-vehicle batteries.In a super-nerdy (albeit extremely necessary) report from the Royal Academy of Engineering, the boffins highlight the UK
A good sign
Car sales aren't the only figures trending upward in the first half of the year. According to the ASEAN Automotive Federation (AAF), the local car manufacturing scene is also looking pretty healthy.The latest AAF regional car manufacturing statistics show that
by Drei Laurel
The facility was established in 2011
Japanese car brand Suzuki has announced that it is closing its Thailand manufacturing plant in Pluakdaeng, Rayong Province by the end of 2025.In a statement, the car manufacturer said that the decision to close its Thailand facility comes as the company
by Drei Laurel
Is perfect the same for one person as the next? It’s very unlikely
My microwave door doesn't fit. I don't mean it's falling off and preventing my rewarming of yesterday's leftovers-I just mean it's three or four millimeters down on the left. It doesn't sit properly in the
by Paul Horrell
Despite having the capability to build an EV, it was always unlikely for Apple
Apple has decided to stop trying to make a car, and is disbanding the project team of 2,000 people. That's according to authoritative reports from Bloomberg, also shared by BBC News.The reason? It seems Apple expects that developing generative
by Paul Horrell
Here’s the deal
The world's investors are getting cold feet about electric car making. Last week Volvo announced it will no longer be funding Polestar, and Volvo's shares rallied on the news. A few days earlier, Renault announced it wouldn't be
by Paul Horrell
