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According to the ASEAN Automotive Federation (AAF), the region’s vehicle manufacturing industry experienced an 8-percent growth in 2018, producing a total of 4,368,870 units for the year compared to just 4,047,196 units the previous year. The Philippine vehicle industry however, was only able to supply 79,763 of that total, a …

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Best Used Cars Under P100,000

A number of major car manufacturers around the world are seeing a noticeable drop in production and sales, raising the possibility that a long expected slowdown in auto sales is underway. Lower-than-expected bottom lines in all global markets, especially in China and Europe, impacted third-quarter results and outlooks for car …

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On Wednesday, November 14, Department of Budget and Management (DBM) Secretary Benjamin Diokno confirmed that the government has suspended the implementation of the additional PHP2 per liter of oil excise tax scheduled for 2019. In a meeting with the press, Diokno relayed the information provided by the Office of the …

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President Rodrigo Duterte is set to announce the suspension of the scheduled oil excise tax hike for 2019, as crude oil prices in the international market have reached critical levels. “Today’s price and multiple estimates of crude prices over the next two months show that the average price will stay …

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President Rodrigo R. Duterte has laid out three directives to concerned government agencies in an effort to cushion the impact of oil price hikes on Filipinos, Presidential spokesperson Harry Roque said on Saturday. Roque made this remark amid the soaring oil prices in the world market. “Our president is not …

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Operators of modern public utility jeepneys (PUJs) have filed a petition before the Land Transportation Franchising and Regulatory Board (LTFRB) seeking for a PHP2 fare hike and a PHP1 “surge price” during rush hours amid the recent hikes in oil prices. The operators who are plying routes in Marikina and …

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Autohub Group, the exclusive importer, distributor, and dealer of Mini in the Philippines, announced it will be retaining the prices for all its stock units until June 15. This is despite the imposition of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. After June 15, the price for all …

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Subaru SUVs

Motor Image Pilipinas, Inc., the exclusive distributor of Subaru vehicles in the Philippines, encourages you to enjoy and drive your very own Subaru today. Make the most out of this array of ever better deals and choose from these exclusive discounts on the Subaru Forester: PRE TRAIN               NET SELLING PRICE …

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Last December 19, 2017, President Rodrigo Duterte signed the Tax Reform for Acceleration and Inclusion (TRAIN) bill into law. It sought to reduce tax on personal income while simultaneously imposing a higher tax on fuel, tobacco, sugary beverages, and cars. With the signing of the law, the increase in vehicle …

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Hyundai Accent Hatchback

Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, closed its 2017 sales with a record-high of 37,678 units, a 12-percent sales growth from 33,695 units in 2016. The Passenger Cars (PC) segment grew by 7 percent in 2017, registering sales at 25,529 units. Leading …

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Subaru Forester

Motor Image Pilipinas, Inc., the exclusive distributor of Subaru vehicles in the Philippines, kicks off 2018 with great news: all variants of the Subaru Forester are still available at 2017 prices. Take advantage of this opportunity to drive your very own extraordinary SUV: VARIANT  SRP UNTIL JANUARY 31, 2018 SRP …

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House Bill 5636

The possibility of automobile and fuel prices significantly increasing next year is fast becoming a reality after Lower Congress approved House Bill 5636 on the third and final reading, with legislators voting 246 in favor, 9 against and one abstention. Also known as the Tax Reform for Acceleration and Inclusion (TRAIN), …

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