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Honda Cars Philippines Inc. (HCPI) was established in October 1990. Under the Philippine government's Car Development Program, production operations commenced in February 1992, in their Santa Rosa, Laguna plant. To date, HCPI is a team of over 600 associates, working with 38 dealers nationwide and about 60 parts and materials suppliers.
in 2014 a Partnership between Daimler and the Ministry of Defense for the manufacture of trucks and armored cars will produce 18,000 Mercedes units annually in accordance with international quality standards applied by Mercedes at its plants around the world, while the rest of the quota will be owned by the German companies specialized in mechanical industries (MAN and Ferrostaa). [2]
There are about 2.7 million Filipinos [4] [8] that are unemployed which constitutes about 7.4% of the labor force. This is the lowest rate the Philippines enjoys since 1996, before the country suffered from the Asian Financial Crisis. After unemployment rate peaked in 2000, [9] it has been on a steep decline by an average of 8.5% each year ...
BMW, Jaguar Land Rover and Volkswagen have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor, a Senate inquiry found, prompting lawmakers to call for ...
The used BMW 530i David purchased already has 289,000 miles on it, even though most BMWs typically last between 200,000-250,000 miles. David’s Annual Percentage Rate (APR) — the yearly ...
BMW Motorrad Thailand's sales rose by 42.1 percent to 1,819 deliveries in 2016. The head of BMW Motorrad Thailand said that the Thai market for big motorbikes (greater than 500 cc) rose by seven percent in 2016, to 18,500 units. BMW Thailand shipped 2,215 big bikes to China, Indonesia, and the Philippines in 2016, up from 1,000 in 2015. [20]
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Following Honda's lead, Toyota launched the Lexus name with the LS 400 which debuted at $38,000 in the US, in some markets being priced against mid-sized six cylinder Mercedes-Benz and BMW models, [40] and was rated by Car and Driver magazine as better than both the $63,000 Mercedes-Benz W126 and the $55,000 BMW E32 in terms of ride, handling ...