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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 ...
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. ...
Introductions in other markets started since 2018, and the vehicle is mainly sold in emerging countries in Southeast Asia along with several Latin American, African and Middle Eastern markets. It was the fourth best-selling Mitsubishi Motors model globally in 2018 and 2019, [11] [12] and became its third best-selling model in 2021. [13]
With the cash cow F-150 pickup and Expedition full-size vehicles updated in 2024, Ford’s 2025 will consist of updates to the Mustang and Ford Transit commercial van along with the release of the ...
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 ...
May 11 – Irha Mel Alfeche of Matanao, Davao del Sur is crowned Miss Philippines Earth 2024 in the pageant's coronation event held in Talakag, Bukidnon. [420] May 22: Chelsea Manalo of Bulacan is crowned Miss Universe Philippines 2024 in the pageant's coronation night held at the SM Mall of Asia Arena in Pasay. [421]
The BLS reported in its January CPI report that new vehicle prices rose 0.2% (up 5.8% y-o-y), and used vehicle prices fell 1.9%, (down 11.6% y-o-y). ... new car prices have steadily risen every ...
In 2021, the Class II variant was updated with the HD48GT chassis. [19] Hino 300: 2018 Hino Motors: Sta. Rosa Motor Works Centro Manufacturing Hino Philippines First constructed in 2018, the Hino 300 PUV is available as a Class II with bodywork by Sta. Rosa, [20] Centro, [21] and Hino Philippines, [22] with