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Hyundai Motor Philippines, Inc. (HMPH) is currently the official distributor of Hyundai passenger cars in the country after the company was able to take over operations from HARI in early 2022, [36] Audrey Byun is the CEO, while Lee Dong-wook is the President and Victor Jose Vela is the Deputy General Manager of the company.
Kelley Blue Book reports new car prices rose 5.9% versus a year ago, which has moderated somewhat, but the market share for luxury vehicles hit a new record in January (19.6% of the overall market).
New car prices were unchanged in July, but down 1.2% from the prior year. ... 40% annually in both June and July 2021, and again in January and February 2022. Prices for used cars and trucks are ...
Used car prices rose more than 40% annually in both June and July 2021, and again in January and February 2022. Prices for used cars and trucks are still 16.9% higher than in July 2019.
Nissan Kicks (2022–present) - Imported from Thailand; Nissan Leaf (2021–present) - Imported from United Kingdom until 2024 then imported from Japan; Nissan Livina (2008–2016, 2022–present) - Locally produced until 2016 then imported from Indonesia since 2022; Nissan Navara (1998–present) - Locally produced until 2014 then imported ...
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."
The 2025 Volvo EX90 electric vehicle has seven interior radar sensors to detect 'micro mivoements' by children or pets left in the vehicle. Some of the systems even beep the horn and roll down ...
From 1987 to 2018, MMPC was the distributor of Mitsubishi Fuso commercial vehicles in the Philippines until Sojitz Fuso Philippines Corporation was established in September 2018. The company's slogan is "Drive your Ambition", which has been part of Mitsubishi Motors' global rebranding since 2018.