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Hyundai Motor Philippines, Inc. (HMPH) is currently the official distributor of Hyundai passenger cars in the country after the company was able to take over operations from HARI in early 2022, [36] Audrey Byun is the CEO, while Lee Dong-wook is the President and Victor Jose Vela is the Deputy General Manager of the company.
On 18 January 2022 BMW announced a BMW 7 Series (G11) special edition simply called "The Final V12", [24] the last BMW series production vehicle to be fitted with a V-12 engine. [ 24 ] On 5 October 2023 it was announced that BMW UK CEO Chris Brownridge would succeed Torsten Müller-Ötvös as the CEO of Rolls-Royce starting 1 December 2023, as ...
The Manila International Auto Show is a yearly show for car buyers and enthusiasts alike to look, observe and learn more at the latest models and significant concepts from the Philippines’ premiere auto makers. It is the Philippines’ biggest motor show in terms of visitor count, cars on display, and exhibitors. The show was previously known ...
February 3 – Agriculture Secretary Francisco Tiu Laurel Jr. declares a food security emergency on rice due to rising prices. [16]February 4 – Anwar Saluwang, the mayor of Nabalawag in the Special Geographic Area of Cotabato, is arrested in Davao City for violating a nationwide gun ban imposed as part of the 2025 Philippine general election.
In May 2010 BMW announced that leasing could be renewed for another year at a lower leasing price. [ 100 ] [ 103 ] Another field test was launched in the UK in December 2009, where more than 40 Mini E cars were handed to private users for a two consecutive six-month field trial periods. [ 104 ]
Without the shift towards SUVs, energy use per unit distance could have fallen 30% more than it did from 2010 to 2022. [25] The global automotive industry is a major consumer of water. Some estimates surpass 180,000 L (39,000 imp gal) of water per car manufactured, depending on whether tyre production is included.
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Cross-border leasing is a leasing arrangement where lessor and lessee are situated in different countries. [ 1 ] [ 2 ] [ 3 ] This presents significant additional issues related to tax avoidance and tax shelters .