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The Dashing was launched in the Philippines on 15 March 2023 as part of Jetour's entry to the market. At launch, it is available in a sole variant powered by a 1.5-litre turbocharged petrol engine. [8] The Symphony variant was added in February 2024 equipped with a bespoke audio system from American brand JL Audio. [9]
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.
The average price has dropped about 2% from a record high of $45,578 set in December 2022. Electric vehicle prices are down about 19% from June 2022, KBB reported. Manufacturer incentives averaged ...
A study published by the Bureau of Labor Statistics, the agency that tracks consumer prices, found that dealer markups accounted for 35% to 62% of new vehicle inflation from 2019 to 2022. Paul Ryan, the CEO of a shopping app that monitors prices across about 40,000 dealerships, remarked, "it was the best of times for car dealers, for sure."
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 ...
Per the financial firm, new vehicle prices are slated to go down 2.5-5% while used cars may go down by 10-20%. If you are thinking of trading in for a new vehicle or adding a new car to your ...
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]
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 ...