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Mitsubishi PH Turns Over 128 Units of L300 to Rental Company Orix | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices


Mitsubishi PH Turns Over 128 Units of L300 to Rental Company Orix
Mitsubishi Motors Philippines’ and their dealer partner Peak Motors Philippines Incorporated (PMPI) conducted its official turnover ceremony for 128 Mitsubishi L300 units to Orix Rental Corporation.
These units are intended to service their client, Japan Tobacco Incorporated (JTI).
Orix Rental Corporation is a company that services multinational companies by providing vehicles for rent that caters various transportation needs. Japan Tobacco Incorporated on the other hand is one of the leading tobacco manufacturing companies in the world.
“We are very happy that the Mitsubishi L300 is chosen to be the vehicle partner of Orix Rental Corporation for their client JTI. It is an honor to service a company that is recognized and trusted by multinational brands. We are confident that our Mitsubishi L300 would serve as a very reliable vehicle partner for their daily transportation needs,” says Mr. Don C ....

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Kia Philippines to Focus on Styling, Tech, Lifestyle Than Financing | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices


Kia Philippines to Focus on Styling, Tech, Lifestyle Than Financing
Carmakers can always fight for showroom attention with offerings with better looks, specs, or prices; but at the end of the day, it’s having strong banking partners that will help win customers. Just like the vast majority of car brands locally, 70 percent of Kia buyers rely on financing to seal the deal. The economic slowdown brought on by the pandemic, and the subsequent tightening of banks offered a valuable lesson to the Ayala-backed Korean auto brand.
During the height of the community quarantines, banks and other lending institutions offered “payment holidays” rather than letting customers default on their loans. Regardless, the default rate remained high, and this resulted in banks having to tighten access on several loan products, including those associated with cars. ....

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Foton PH to Participate at First Physical Motor Show Amidst the Pandemic | CarGuide.PH | Philippine Car News, Car Reviews, Car Prices


Foton PH to Participate at First Physical Motor Show Amidst the Pandemic
In support of the government’s PUV Modernization Program, Foton Motor Philippines, Inc. (FMPI) is participating in what could be the first-ever physical motor show during the on-going pandemic: the Manila Commercial Vehicle Show (MCVS) and Philippine Public Transport Convention (PPTC).
Happening this Thursday, January 28 to Saturday, January 30 at the SMX Convention Center in Pasay City from 9 AM to 5 PM, the twin events is supported by the Department of Transportation (DOTr), Land Transportation Franchising and Regulatory Board (LTFRB), Office of Transportation Cooperative (OTC), Department of Trade and Industry (DTI), Cooperative Development Authority (CDA), and many more.  ....

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