Archive for the 'philippins' Category

Mitsubishi Motors announces production, sales and export figures for July 2008

Thursday, August 28th, 2008

Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for July 2008.

  • Production: total and in Japan
  • Total global production came in at 113,538 units, a decline of 0.9 percent over July 2007 and the fifth consecutive monthly decrease since March. Production volume in Japan at 74,909 units was up 11.1 percent as a 12.1 percent increase in passenger car and 4.0 percent rise in commercial vehicle output saw the 22nd consecutive month of year-on-year growth and a new record for July since Mitsubishi Motors spun off its truck and bus operations in 2003. This growth was driven principally by a 53.5 percent increase in output (16,232 units) of the New Outlander, which continues to sell briskly in European and Chinese markets, and by a 18.0% increase (27,585 units) in output of the Lancer on the back of strong sales in Russia, North America and Middle East & African markets.
  • Sales in Japan
  • Vehicle sales in Japan in July totaled 15,393 units, a 9.2 percent decrease year-on-year and the 11th consecutive monthly decline since September 2007. Passenger car (registrations and mini-car) sales of 11,335 units and commercial vehicle sales of 4,058 units were 9.2 percent and 9.3 percent down respectively on the same month last year. Highlights for the month included an 11 percent and a 9.4 percent increase in sales of the Colt series and of the Pajero Mini respectively.
  • Production overseas
  • Overseas production volume totaled 38,629 units, 18.1 percent down over July last year and the fifth consecutive monthly decline. By region, in Asia output at MMPC*1 in the Philippines and at KRM*2 in Indonesia rose by 17.8 percent and 59.6 percent respectively. In North America output at 4,244 units was 26.0 percent down as production levels were adjusted for slow sales in the U.S. *1 MMPC: Mitsubishi Motors Philippines Corporation *2 KRM: P.T. Krama Yudha Ratu Motors
  • Export shipments from Japan
  • Total exports from Japan of 47,119 units were 5.0 percent up on July 2007, marking the 21st consecutive month of year-on-year increases and setting a new record for July since Mitsubishi Motors spun off its truck and bus operations in 2003. Exports to Europe at 19,751 units were 6.5 percent up on July2007 buoyed by continuing strong sales in the Ukraine and Russia.

    Source: Mitsubishi Motors Corporation

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    Mitsubishi Motors, Japanese Vehicles

    Toyota Motor Philippines Marks 20th Anniversary

    Saturday, August 23rd, 2008

    Tokyo — TOYOTA MOTOR CORPORATION (TMC) announced that Toyota Motor Philippines Corporation (TMP), TMC’s production and sales base in the Philippines, held a ceremony today in Makati City, Metropolitan Manila to mark the 20th anniversary of TMP’s establishment.

    Attendees at the ceremony included Philippine President Gloria Macapagal-Arroyo, Trade and Industry Secretary Peter B. Favila, Japanese Ambassador to the Philippines Makoto Katsura, TMC Chairman Fujio Cho and TMP President Hiroshi Ito.  At the ceremony, TMP announced plans to donate 100 million pesos to the University of the Philippines as an expression of TMP’s appreciation for 20 years of support from the local community.

    TMP, established in 1988, began production and sales in 1989.  As of July 2008, cumulative production stood at 410,000 vehicles and cumulative sales stood at 540,000 vehicles.

    Separately today, Toyota Autoparts Philippines Inc. (TAP), which is a global production and supply base for manual transmissions for the Innovative International Multi-purpose Vehicle (IMV) project, held a line-off ceremony to mark the company’s increase in annual production capacity.  The increase, from 150,000 to 330,000 units, was made possible with an investment of approximately 5.6 billion pesos, and is expected to result in the employment of approximately 500 new workers.

    TAP will produce roughly 270,000 transmissions for the IMV project in 2008, with plans calling for some units to be exported to the IMV production sites in eight countries and regions.

    TMC’s Cho delivered a speech at TMP’s 20th anniversary ceremony in which he congratulated TMP on its 20 years, and also TAP on its growth as a production and supply base.  Cho also expressed TMC’s desire to further contribute to the Philippine automobile industry and to the nation’s economic growth.

    Source: TOYOTA MOTOR CORPORATION

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    Toyota Autoparts, Japanese Vehicles

    Suzuki becomes title sponsor of ASEAN Football Federation Cup

    Monday, August 11th, 2008

    Suzuki Motor Corporation is pleased to announce its support for the ASEAN Football Federation (AFF) Cup as the tournament’s title sponsor.

    The AFF Suzuki Cup 2008 is the biggest football tournament in the ASEAN region since 1996. Aimed at raising the standard of ASEAN football to a world-class level and at making football more popular in the region, it will decide the top footballing nation among the AFF’s 11 members: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam, and Timor-Leste.

    The preliminary competition for the AFF Suzuki Cup 2008 will begin on 17 October in Cambodia. The finals will be played from 5 to 28 December in Thailand, Indonesia, and other ASEAN countries.

    Suzuki is also supporting a wide range of other sporting events including the East Asian Football Championship 2008 and the QUALIFIERS 2010™ which is a football sponsorship package consisting 170 of the 268 matches of European qualification. Through ongoing support for events embodying the same excitement and passion for life that are communicated by Suzuki’s global “Way of Life!” slogan, Suzuki aims to heighten its brand awareness and convey its passion for making great vehicles to sport fans around the world.

    Source: Suzuki Motor Corporation

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    Vehicles

    Foreign chambers urge stop of import used cars in Philippines

    Sunday, May 11th, 2008

    Joint Foreign chambers of commerce in the Philippines recently urged the government to immediately stop the importation and resale of used vehicles through port Irene in Cagayan Province.

    Since these imports started in June 2005, nearly 8,000 units have entered the Philippines through the port, competing with vehicles assembled by the local subsidiaries of American, Japanese and European car companies “We are of the opinion that these used vehicle importation and sales at the Cagayan economic zone are illegal and contrary to the policy of president Arryo,” the group said in a letter to Finance Secretary Margarito Teves

    The group urged the Bureau of Customs to stop the imports immediately.

    While free ports like Subic Bay are allowed to import such vehicles, the law limits their use to within the economic zones, and bars their entry in Philippine Customs terriotory.

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    Used Cars, Used Vehicles

    Philippines seizes 14 used vehicles declared as trucks parts at Cebu port

    Thursday, February 21st, 2008

    The Bureau of Customs in Philippines has recently seized 14 used vehicles which were declared as truck parts and personal effects by importers when they arrived in two 40-foot containers at Cebu port.

    Customs Deputy Commissioner Celso Templo who led the inspection of two 40-foot container vans in the holding area of the Cebu International Port, said seizure of smuggled used motor vehicles only signified the vigilance of the bureau’s campaign against car smuggling at Cebu port.