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While used vehicle prices climbed 0.5% in December, a trend seen in recent months as the market reaches some stability after falling considerably, the year-over-year figure slipped 1.3% in 2023 ...
New car prices have been falling for most of 2023, with the average new car selling for $47,936 in October, Kelley Blue Book reported. Overall, new car prices are down 1.4% since October 2022 and ...
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 ...
Since the 2021 facelift, some markets such as Indonesia [33] and Thailand [34] switched to a CVT replacing the 4-speed automatic. Many markets such as the Philippines, Vietnam, Malaysia, and Mexico retains the older 4-speed automatic gearbox. [35] [36] [37] In February 2024, the Xpander HEV was introduced in Thailand.
There will come a time when your car will start costing you more than you’d reasonably expect to spend, but with regular maintenance and the advancements in automotive technology, new cars are ...
In September 2024, the facelifted Carnival debuted in the Philippines with the same trim levels and engine option from the pre-facelift model, but both variants comes with a 7-seater configuration. [85] The Turbo HEV variant was later added in November 2024, as the first hybrid electric vehicle from Kia marketed in the Philippines. [86]
From better fast-charging for long drives in electric vehicles to powered climate control vents, 2024’s best new-car features came in some surprising packages. ... Prices start at $28,355 ...
The new company is a joint-venture between Nissan Motor Company (51%), UMC (24.5%) and Yulon (24.5%). [2] With the establishment of the new company, UMC and NMPI (renamed Univation Motor Philippines, Inc. in October 2014, after the Nissan reorganization) will continue as assemblers for NPI.