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March 14th, 2022 10:51 AM #1
Toyota PH cruises past 2M unit sales milestone | Autoindustriya
2 million Toyotas have found their way into Filipino homes all over the country, a testament to the affinity that car buyers have for cars, SUVs, vans, MPVs, pick-ups and commercial vehicles that wear the T emblem on the grille. The achievement follows their recent success of maintaining the “Triple Crown” with the highest sales in passenger cars, commercial vehicles, and overall sales as a brand.There is, however, a caveat here: the count for the 2 million unit sales actually only goes back to Augut 3, 1988 when Toyota Motor Philippines was set up as a company with Toyota Motor Corporation (34%), Mitsui & Co. (15%) and George Ty's Metrobank (later GT Capital, 51%). The count does not include vehicles sold by the previous Toyota partner which was Delta Motor Corporation for a long time prior, so there will be much more.
As expected, in response to Tesla’s entry into the Philippines market, Ford will be bringing in the...
Tesla Philippines