Urban Mobility
The Philippine Automotive Industry has set a new sales record for the month of July. In a report issued by the joint Marketing Committee of the Chamber of Automotive Manufacturers of the Philippines, Inc. (“CAMPI”) and Truck Manufacturers Association (“TMA”), sales for the month of July reached 29,967 units. Last month’s performance is 22 percent higher than July 2015 which
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New vehicle sales in Vietnam continues the uptrend momentum in July according to data released by the Vietnam Automotive Manufacturers Association (VAMA). New vehicle sales increased by 36.6% to 24,153 units in July, from 17,688 units a year ago. The market expanded by 35% to 147,814 units in the first seven months of the year – from 109,396 sales in
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Project Pinnacle would create a roughly 8% difference in cost of vehicles between top-tier dealers and those not participating In a letter signed by dealer associations from seven states, Cadillac President Johan de Nysschen was accused of creating a program that they consider “is the most serious attack on their survival they have seen.” Mr. de Nysschen has been in the process of
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China’s passenger-vehicle sales accelerated the most in 17 months, as General Motors Co. and Guangzhou Automobile Group Co. boosted deliveries and dealers offering discounts helped clear inventories in the world’s biggest auto market. Deliveries for GM increased 18 percent to 270,529 units in July, while Ford Motor Co.’s rose 15 percent to 88,189 vehicles. Toyota Motor Corp.’s sales gained 5.7 percent
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Toyota Motor Corp. said it will collaborate with Japan’s taxi association, weeks after the group excoriated the automaker’s alliance with Uber Technologies Inc. The Japan Federation of Hire-Taxi Associations and Toyota will establish a task force that regularly meets on items including experimentation with automated driving technology, the carmaker said in a statement Friday. Toyota has a next-generation taxi model
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TOKYO (Aug 8): Japan’s Suzuki Motor Corp intend sell back its ordinary shares in Fuji Heavy Industries in a deal worth around 52.7 billion yen (US$514.75 million), the compact car maker said on Monday. Suzuki said it will sell 13.7 million in ordinary shares back to Fuji Heavy, which produces Subaru-branded vehicles, at a price of 3,852 yen per share in
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The Philippine Parts Makers Association (PPMA), a group of local automotive parts and components manufacturers, voiced this concern at their recent quarterly meeting. “We are pushing for the CARS (Comprehensive Automotive Resurgence Strategy) assemblers to prioritize the SME local parts makers to supply in the start of volume production,” said PMMA President Ferdinand Raquelsantos. For now, Raquelsantos said all they
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Toyota Motor Thailand sees green shoots for the domestic market, although improvements aren’t likely to be seen before 2017. After a flat first half of the year, the automaker, which dominates the Thai landscape with an almost one-third market share, projects full-year industry sales to come in at around 740,000 vehicles, 7.5% down from last year. Toyota Motor Thailand President
Read moreHyundai Indonesia is in talks with its South Korean principal to obtain more completely knocked down (CKD) projects, an executive has said. The company has an assembly plant in Pondok Ungu, Bekasi, West Java, to assemble big, H-1 multipurpose vehicles (MPVs) with 43 percent local content. Hyundai Indonesia exports 250 units per month to Thailand. “We are in discussions with
Read moreCar owners intolerant of service advisors not tending to their needs personally and quickly at service centers can significantly lower customer satisfaction levels, according to the J.D. Power 2016 Malaysia Customer Service Index (CSI) StudySM released today. When a customer is greeted by someone other than the service advisor, satisfaction scores decline by as many as 26 points. Furthermore, when
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