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Pinoy Auto Trader was founded by Daniel Scott, Christopher Franks and Reynaldo Castellano III as part of Philippine technology startup company SirQo.com, Inc and launched in public beta on November 14, 2012 helped by Francis Gary Viray, the founder of Propelrr, who was their primary digital marketing consultant even up to the launch of AutoDeal.com.ph, the new start-up put up by the founders ...
The CARS Program was implemented by the Department of Trade and Industry in order to attract and encourage new car companies to produce vehicles in the Philippines [15] and stimulate demand and impose industry regulations that will restore the country's automotive industry, and make the country a regional automotive manufacturing hub, [16] and ...
Invoice price: The invoice price of the car is what dealerships pay the manufacturer for the vehicle. The difference between the invoice price and the MSRP gives you an idea of the potential room ...
In June 2021, Carro received $360 million in a C funding round which raised its valuation to $1 billion led by SoftBank. [ 3 ] [ 9 ] [ 10 ] In November, Singapore state investor Temasek Holdings and Malaysian fund manager and Permodalan Nasional Berhad (PNB) led a Series C round for Carro which raised more than $100 million, other investors ...
By Chris Kirkham (Reuters) -When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged.
Hong Kong does not have import tax for cars, however, the first registration tax is high. And the first registration tax rate is progressive, which means a higher price car will fall into a higher tax bracket. Since the used car values are mostly lower than new cars of the same model, used car can enjoy a lower tax rate due to depreciated car ...
The Manila International Auto Show 2012, now in its 8th year, was held last March 29 to April 1 at the World Trade Center and was undoubtedly the biggest and most anticipated event for car enthusiasts. 400 cars on display including the newest sports cars from different brands, the best concept cars, hybrid cars, and a lot more were showcased to ...
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