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Toyota issued the latest warning as it reported a 74.3-percent plunge in net profit for the second quarter.
People aren't buying new cars. Hell, people aren't driving. Toyota has warned of a 64-percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.Top Story: Why American Billionaire Andrew Carnegie Offered To Buy ...
 
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Toyota introduces the 2020 Vios.
The country’s bestselling car is finally getting an upgrade and it couldn’t have come at a better time. Toyota unveiled its refreshed Vios 2020 druing a virtual launch on Saturday, July 25. With over 320,000 units sold across three generations since it was ...
 
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Tesla’s in the running.
COVID-19 cases are showing no signs of slowing down in the Philippines, but the government has already eased up on certain restrictions to get the economy going again. That includes land travel between cities and provinces. Some people used the nearly three-month lockdown ...
 
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Okamoto rode around Metro Manila on public transport like a Filipino commuter for a day.
Toyota Motor Philippines’ newly appointed president Atsuhiro Okamoto spent a day riding Metro Manila’s public transportation systems in an effort to understand the daily struggle of Filipino commuters.Okamoto only assumed office a few weeks ago and he’s already gone viral online. In ...
 
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He had it for four years all throughout college.
As chairman of Toyota Motor Philippines, Alfred Ty oversees the country’s largest automobile company. In 2019, the local subsidiary of the Japanese car giant sold a total of 162,011 units, which translates to nearly 40 percent market share. That leaves all the ...
 
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It starts at less than a million pesos.
The Toyota Corolla Altis is one of the world’s best-selling vehicle models ever. Over 46 million units have gone out into the world since it was first launched in 1966.In the Philippines, there have been over 220,000 Corolla owners since it was ...
 
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The country’s bestselling utility van gets a major upgrade after 15 years.
Cars and SUVs may dominate private vehicle sales in the country, but the number of buyers of utility vans is not insignificant. In fact, more and more people are buying vans in the country, peaking at over 4,000 sold every month in ...
 
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Price starts at P4.99 million.
The Supra holds a special place in the heart of Toyota Motors Philippines president Satoru Suzuki. In an interview during the launch of the all-new Toyota Supra in the Philippines, Suzuki said he had owned a third generation Supra when first joined ...
 
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The eighth generation of the midsized executive sedan is the best Camry yet
In case you haven’t noticed, SUVs are continuing their march towards global domination. Forbes, quoting automotive industry consultant LMC Automotive, reports that SUV sales rose globally in 2017, while passenger cars fell two percent. Go back further to 2013 and the trend ...
 
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The wait is over car fans.
While women everywhere were going gaga over Paul Walker in The Fast and Furious, the first film in the franchise, male fans were gushing over his ride instead: the 1995 Toyota Supra Turbo. By then, it had been two years since the Supra ...
 
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Here are the most interesting cars to hit the show floors in the past year, according to you
Manufacturers have debuted a handful of great concept cars recently. Here are some of the coolest.If you thought the Vision 6 coupe couldn't get any better, you were probably shocked to see the Cabriolet version. It looks like a yacht on wheels, ...
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