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The CARS Program was implemented by the Department of Trade and Industry in order to attract and encourage new car companies to produce vehicles in the Philippines [15] and stimulate demand and impose industry regulations that will restore the country's automotive industry, and make the country a regional automotive manufacturing hub, [16] and ...
New car prices were unchanged in July, but down 1.2% from the prior year. ... Used car prices rose more than 40% annually in both June and July 2021, and again in January and February 2022 ...
In July 2022, the 1.0 T-GDi turbocharged petrol engine was introduced in South Africa and it is available in the new EX+ trim. [29] In June 2024, the facelifted Sonet debuted in South Africa, with a new SX trim and the 1.0 T-GDi engine option was only available for the EX trim. [30] The entry-level LS trim was added to sit below the LX in ...
In the Philippines, the Xpander Cross was launched on 12 March 2020 as the replacement of Xpander GLS Sport marketed as an SUV. [30] It was also launched in Thailand on 16 March 2020. [ 31 ] The Xpander Cross was launched in Vietnam on 16 July 2020 alongside the updated Xpander, [ 32 ] the model also launched in Brunei on 9 July 2021 (facelift ...
If you've been waiting to buy, now could be the time. Due to supply chain issues, silicon chip shortages and demand, new cars were among the categories hardest hit by inflation in 2023. See: Biden ...
A report from UBS estimates that global car production will exceed sales by 6% this year, leaving an excess of 5 million vehicles that will require price cuts to get sold off of lots, Yahoo ...
Calendar year introduced Current model Vehicle description Introduction Update/facelift; Pickup trucks: D-MAX: D-Max: 2002 2019 2023 Compact pickup truck. Available in single cab, extended-cab and crew cab body styles. Crossovers/SUVs: MU-X: MU-X: 2013 2020 2024 Three-row mid-size body-on-frame SUV based on the Isuzu D-Max pickup truck. Vans ...
However, the auto market came in much cooler, with prices for new vehicles rising 0.3% for the month, but only 1% year over year. The 2023 yearly figure was a big drop compared to last year’s 5. ...