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4 Tips for Student Permit Applicants and First-Time Drivers

Moneymax.ph
Updated as of Jan 21 09:14 AM

Here are some tips to successfully get one and start your driving journey.    Read more »

Intel's self-driving car unit plans to step up use of its own radar tech by 2025

Stephen Nellis, Reuters
Posted at Jan 13 05:40 PM

The head of Intel Corp’s self-driving car subsidiary said on Tuesday the company wants to shift toward using its own radar-based technology and use a single lidar sensor per vehicle by 2025 in a bid to lower the cost of autonomous driving. Read more »

GM takes to skies with flying car concept unveiled at CES

Agence France-Presse
Posted at Jan 13 05:29 PM

General Motors on Tuesday joined the race for flying cars, unveiling its concept for an autonomous air taxi at the 2021 Consumer Electronics Show. Read more »

Starting the year with a car loan

Aneth Ng-Lim
Posted at Jan 11 09:59 AM

Is it a good time to take on new or more debt?   Read more »

Tesla's stock market value tops Facebook's in huge trading

Noel Randewich, Reuters
Updated as of Jan 08 08:49 AM

Shares of Tesla surged to a record high in heavy trading on Thursday, with the electric car maker's stock market value exceeding Facebook's for the first time. Read more »

Tesla market value tops $700 billion for first time

Agence France-Presse
Posted at Jan 07 09:57 AM

The latest surge means the company is worth more than General Motors, Ford, Toyota, Honda, Fiat Chrysler and Volkswagen combined.   Read more »

UK lockdown causes biggest drop in new car sales since World War 2

Costas Pitas, Reuters
Posted at Jan 06 09:45 AM

British new car sales fell nearly 30 percent last year in their biggest annual drop since 1943 as lockdown measures to curb the spread of the coronavirus hit the sector, a trade industry body said on Wednesday. Read more »

Philippines hits imported cars and vans with tariffs to help domestic industry

Reuters
Posted at Jan 04 09:21 PM

The Philippines is imposing temporary duties on imported passenger cars and light commercial vehicles to protect its tiny carmaking industry hit hard by the pandemic, its trade minister said on Monday. Read more »

Tesla 2020 deliveries beat estimates, but fall just short of Musk's target

Reuters
Posted at Jan 04 12:34 AM

Tesla Inc reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry.  Read more »

Why you should go to a driving school

Moneymax.ph
Posted at Dec 14 08:00 AM

You need guidance from a trusted driving instructor to help make you a better driver. Read more »

What happens when you don’t have car insurance

Moneymax.ph
Posted at Dec 11 10:17 AM

Car insurance is something almost no one wants to deal with, but if you keep that mindset, you may regret it eventually.  Read more »

Three qualities a reliable car service center should have

Moneymax.ph
Posted at Nov 20 01:16 PM

It’s important to have a go-to car service center for all your car repair needs Read more »

'Entry level', compact cars sales seen to boost auto sector recovery

ABS-CBN News
Posted at Jul 14 04:47 PM

Although recovery is unlikely to happen this year, the group is optimistic that sales will start to pickup in the last quarter, said Chamber of Automotive Manufacturers of the Philippines president Rommel Gutierrez.    Read more »

Japanese car sales in the Philippines fall 68% in 2nd quarter

Kyodo News
Posted at Jul 14 03:45 AM

Sales of Japanese carmakers in the Philippines fell at least 68 percent during the second quarter of the year due to disruptions caused by the coronavirus pandemic, with some signs of recovery seen on a monthly basis, according to industry association figures released Monday. Read more »

Kia sees bright spot in 'cautious' consumer behavior to drive growth

ABS-CBN News
Updated as of Jul 09 08:03 PM

Kia Philippines sees a bright spot in “cautious” consumer behavior to realize revenues, as the automotive industry faces a slump, the Korean automaker said on Thursday.    Read more »

Tesla mocks shortsellers with sale of red satin shorts

Hyunjoo Jin, Reuters
Posted at Jul 06 02:07 PM

After surpassing Toyota Motor Corp as the world's most valuable automaker and stunning with forecast-beating deliveries, Tesla Inc has taken time out to poke fun at the company's naysayers - with sales of red satin shorts. Read more »

Tesla becomes richest auto group as Detroit giants see sales drop

John Biers, Agence France-Presse
Posted at Jul 02 04:01 AM

Tesla engineered its latest coup Wednesday, becoming the world's richest car company while two of Detroit's old guard, General Motors and Fiat Chrysler, reported sagging auto sales amid the coronavirus pandemic.   Read more »

South Korea's rich, unscathed by pandemic, splurge on Porsches and BMWs

Joyce Lee and Hyunjoo Jin, Reuters
Posted at Jun 19 02:49 PM

Hwang Min-yong, a 37-year-old South Korean businessman, recently received his black Porsche Cayenne coupe with red leather seats after a seven-month wait and took it out for a spin on a scenic road overlooking a river near Seoul.   Read more »

Car dealers reeling from virus urge banks to loosen auto loan requirements

ABS-CBN News
Updated as of Jun 08 05:53 PM

An auto dealers' group said Monday that strict bank requirements for auto loans are hurting their business as they try to recover from almost 3 months of lockdown.  Read more »

Vehicle sales down 11.8 percent in January

ABS-CBN News
Posted at Feb 19 08:44 PM

The Chamber of Automotive Manufacturers of the Philippines Inc and Truck Manufacturers Association said 23,723 vehicles were sold in January, compared to 26,888 units sold in the same month last year.  Read more »