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Pinoy Auto Trader was founded by Daniel Scott, Christopher Franks and Reynaldo Castellano III as part of Philippine technology startup company SirQo.com, Inc and launched in public beta on November 14, 2012 helped by Francis Gary Viray, the founder of Propelrr, who was their primary digital marketing consultant even up to the launch of AutoDeal.com.ph, the new start-up put up by the founders ...
The plant closed down in 2012. Since then, Ford Philippines imports the vehicles it sells mostly coming from Thailand and the United States to the Philippine market. Ford Philippines also used to sell Lincoln cars in the country. Their former plant in Santa Rosa, Laguna is now owned by Mitsubishi Motors Philippines.
As of 2024, there were just 11.4 million used cars 6 years old or newer available to buy at dealerships — a drop in 4.1 million from the 15.5 million used cars available in 2022.
Hong Kong does not have import tax for cars, however, the first registration tax is high. And the first registration tax rate is progressive, which means a higher price car will fall into a higher tax bracket. Since the used car values are mostly lower than new cars of the same model, used car can enjoy a lower tax rate due to depreciated car ...
Higher prices on new cars might convince consumers to buy used cars, they reasoned, which would increase those prices as well. The same could happen if Trump wins re-election and makes good on his ...
Established in 1898, the Empire State Motor Wagon Company in Catskill, New York was one of the first American used car lots. [3]The used vehicle market is substantially larger than other large retail sectors, such as the school and office products market (US$206 billion in estimated annual sales) and the home improvement market (US$291 billion in estimated annual sales).
Ford Group Philippines, Inc. (FGPI) is a Philippine-based subsidiary of Ford Motor Company. It was primarily focused on manufacturing automobiles for local and regional markets from 1998 until 2012. It built the Ford Escape, Ford Laser/Lynx, Ford Focus, Mazda3, and Mazda Tribute for the Philippines, Thailand, Indonesia, Singapore, Malaysia and ...
The Manila International Auto Show 2012, now in its 8th year, was held last March 29 to April 1 at the World Trade Center and was undoubtedly the biggest and most anticipated event for car enthusiasts. 400 cars on display including the newest sports cars from different brands, the best concept cars, hybrid cars, and a lot more were showcased to ...