Maniolas

MANILA, Philippines – Coming from a sales milestone just last March, the number one automotive company in the country continues to break the 8,000 unit mark for the second consecutive month. According to the most recent CAMPI report, Toyota Motor Philippines (TMP) posted a share of 45 percent with total sales of 8,102 units in April. The strong sales of Toyota last month was again possible through the continuous high demand for the bestselling vehicle in the country, the Vios, with sales of 1,982 units. Moreover, this performance was further strengthened by other top-selling Toyota models that are number 1 in their respective segments. The mini hatchback Wigo recorded 634 units while the Fortuner and the locally manufactured Innova registered 1,473 units and 1,200 units, respectively. Other Toyota models such as the Corolla Altis, the Hilux, and the HiAce were also number 1 in their own categories. In a statement, TMP president Michinobu Sugata expressed: “Reaching another 8,000 sales level in a single month is indeed a breakthrough for Toyota Motor Philippines. On behalf of TMP, we would like to express our deepest appreciation to our customers for their continued trust in all our products. Moreover, looking at how things are going, we expect this favorable trend to continue because of the positive economic outlook and demand for our new models such as the Yaris, Wigo, Innova, and the Corolla Altis.” On a year to date basis, Toyota Motor Philippines continues to stretch its lead in sales. In the passenger Read More …

MANILA, Philippines – You may have been used to scrambling to ride the jeepney, bus, taxi, MRT or shuttle to and from the office. But let’s face it, the challenge it has upon us is that we are at the mercy of the availability of these public vehicles not to mention the time spent getting a ride or waiting in line to board. You spend about P200 a day on which is about P6,000 a month; frankly, you can already begin to own a brand new car instead. With your very own car, you can move faster, more conveniently, and anytime you want. You are much more in control of your schedule, your space, and the places you want to go to. Having one may just be the solution for you to get the most, if not the best, out of life. Start thinking and let that dream car come to reality. One of the leading car loan providers in the country today, BPI Family Auto Loan, continues to offer great services that match your financial needs and provides easy and affordable ways to jump out of commuting and get into owning a brand new car. BPI Family Auto Loan gives you all the reasons to get the most out of your hard earned and well deserved savings. “The heart of BPI Auto Loan is that when you change the way you think about money, you can get the best out of life. Precisely, this is what we want our Read More …

MANILA, Philippines – Wall St.’s trek to a fresh record high encouraged investors to accumulate local stocks yesterday. The Philippine Stock Exchange index recovered 0.61 percent or 41.47 points to close at 6,852.81, while the broader all shares index rose 0.74 percent or 30.35 points to 4,135.98. “Investors cheered an overnight advance in the US equities pushing the index to its highest level in a year – with the intra-day high falling a few points short of the June 10, 2013 close at 6,875.60,” said Justino B. Calaycay Jr., an analyst at Accord Capital Equities Corp. “The emotional pendulum swung back to positive after the Dow hit a fresh record reflecting a resurgence of confidence on the world’s largest economy,” Calaycay said. On Monday, Wall Street posted gains due to higher share prices of Internet and biotech companies. The Dow Jones industrial average added 0.68 percent or 112.13 points to 16,695.47, while the broader Standard & Poor’s 500 index gained 0.97 percent or 18.17 points to end at 1,896.65, allowing both indices to close at record highs. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The market optimism rubbed off on Asian stocks, which ignored escalating tensions in Ukraine. At home, all counters, save for financial firms that dropped 0.26 percent or 4.18 points to 1,613.53, were in the green. The advancers were led by mining and oil that rose 1.56 percent or 256.08 points to 16,659.40. Investor participation increased as value turnover reached P9.7 billion from P8.02 billion Read More …