mb.com.ph | Philippine News | Archive | Motoring | 2
Home  » Others » Motoring

Motoring

5 Reasons to consider a Toyota Innova an SUV alternative

Ok, before you send me off in a strait jacket, allow me to explain. As a motoring journalist, we get questions all the time about what car to get in any given segment. A lot of those questions are about which SUV is the best of the lot, and while we know the Toyota Innova isn’t an SUV in the strictest sense, it does answer the needs of those who are looking for SUVs without the need for a four-wheel drive system. Here’s why.   Space for seven “I need an SUV for my family” is something we hear quite often. Most SUVs, such as Toyota’s own Fortuner, have the capability of seating seven people. And while it’s true you’ll be able to fit seven people in a modern mid-sized SUV, they’ll simply …

Read More

Drive newsbits for October 14, 2016

Isuzu Philippines offers discounts, free labor on N-Series parts and services To maximize the efficiency of the number one light-duty truck in the country, the Isuzu N-Series, Isuzu Philippines Corporation (IPC) is offering substantial discounts on maintenance parts. For the Isuzu N-Series Awesome Spare Parts Bundles promo, IPC combines several maintenance parts into special packages for individual and corporate Isuzu N-Series owners. The Isuzu NHR maintenance parts packages get a discount of up to 76.7 percent, Isuzu NKR of up to 65.6 percent, and, Isuzu NPS of up to 67.3 percent. While for Isuzu NPR and NQR, packages are reduced by as much as 72.5 percent. Apart from the price reductions, installation of clutch, brakes, oil seal and journal packages shall be free-of-charge when performed at an authorized Isuzu dealership, branch or satellite …

Read More

Hyundai partners with top banks for “OMG Eon Deals!”

Drive home a brand-new Eon this Christmas.  The Hyundai Eon 0.8 GLX MT is all yours for only P27,000 ALL-IN DP. Or go for the Eon 0.8 GLX MT with NAVI for only P30,000 ALL-IN DP (20% DP @ 60 months) and begin your many exciting journeys this holiday season. This deal is made possible with Hyundai Asia Resources, Inc.’s (HARI) exclusive partnership with five  banking giants: BPI Family Savings Bank, EastWest Bank, RCBC Savings Bank, Security Bank, and Banco De Oro. From October 16 to November 30, 2016, OMG Eon Deals provide you the wonderful opportunity to test drive the Eon of your choice at all Hyundai dealerships.

Read More

Toyota, Suzuki tying up in technology, ecology partnership

TOKYO — Toyota, the world's top automaker, and Suzuki, a Japanese rival that specializes in tiny vehicles, are tying up in a partnership. Both sides announced in a joint statement Wednesday they will study areas where they can work together in developing technology for the environment, safety and information networking. They said such areas are likely to benefit from a partnership since the industry is changing rapidly in those areas. Toyota Motor Corp. and Suzuki Motor Corp. said they will continue to compete in other ways. They expressed hopes other automakers will join the partnership to help work toward an industry standard in such areas. Toyota President Akio Toyoda said survival depends on such collaborations, and it was not enough for a company to be doing just its own research. "It is very important …

Read More

Tesla Dominates U.S. Luxury Sedan Sales

Tesla Motors Co. is facing some serious challenges keeping up with its ever-expanding ambitions, but one thing is certain: It’s selling a lot of luxury cars. Tesla’s U.S. sales of its Model S sedan jumped 59 percent over the same quarter last year, increasing its already sizable lead among large luxury cars, according to internal third-quarter sales numbers—which Tesla usually keeps confidential—and competitor data compiled by the automaker. Tesla says it’s now responsible for almost a third of all sales in the segment. Its nearest competitors are the newly updated BMW 7-Series and the Mercedes-Benz S-Class. Spokespeople for Mercedes and BMW didn’t immediately respond to email requests for comment on Tesla’s sales data made after normal business hours. In the luxury SUV market, Tesla says its new Model X sold 5,428 U.S. …

Read More

QC to rationalize tricycle franchise issuance

The issuance of tricycle franchises in Quezon City will now be rationalized in a bid to address the problem of colorum trike operations in the city. On orders of Mayor Herbert Bautista, the city’s Department of Public Order and Safety (DPOS) was tasked to systematize the issuance of tricycle franchises to weed out the illegal trike units in the city which have been one of the major causes of traffic congestion. Citing figures from the DPOS, Bautista said there are about 26,000 tricycle units operating with franchises in the city and about 10,000 colorum trikes. With the implementation of the rationalization program, Bautista is optimistic that it will be easier for the city government to determine which tricycle units are illegally operating in the city. Bautista warned that crackdown on colorum tricycle units will …

Read More

M’bishi Motors to sell part of stake in Urawa Reds soccer club

TOKYO -- Mitsubishi Motors Corp. is set to divest from its unit that operates soccer team Urawa Reds ahead of an alliance with Nissan Motor Co., owner of rival side Yokohama F Marinos, in order to avoid violating J-League rules, sources familiar with the matter said Tuesday. League rules forbid a single firm from operating multiple clubs. Scandal-hit Mitsubishi Motors, which currently holds some 51 percent of shares in the operator of the Saitama Prefecture-based club, plans to sell off some 30 percent of its stake. Nissan is planning to put Mitsubishi Motors under its wing by taking a 34 percent stake in the automaker later this month, with the operator of the club formally known as Urawa Red Diamonds expected to become a Nissan subsidiary or an affiliate as a result.

Read More

BYD Said to Get $8.9 Billion Financing for Monorail Development

BYD Co., China’s largest electric-car manufacturer, secured a 60 billion yuan ($8.9 billion) loan commitment from China Development Bank to fund the development of its monorail business, people with knowledge of the matter said. The company and lender are scheduled to sign the cooperation deal on Tuesday, according to the people, who asked not to be identified as they’re not authorized to speak to the media. BYD’s shares rose 1.3 percent to HK$52.05 at 1:02 p.m. in Hong Kong trading, while the Shenzhen-traded stock gained 2 percent. BYD Chairman Wang Chuanfu said in an interview in June that monorail will represent the next major growth area for the electric carmaker given the prospects for the light-rail systems as a solution to urban gridlock for China’s smaller cities, which can’t afford to build …

Read More

Ride-sharing cars under scrutiny for surge pricing

The Land Transportation Franchising and Regulatory Board (LTFRB) is reviewing the regulation of the “surge pricing” schemes of transport network vehicles (TNVs) as holiday season looms. LTFRB chairman Martin Delgra III, in a press briefing Monday, said it plans to set a ceiling for the fares for transport network companies (TNCs) such as Grab, Uber, and U-Hop following the surge of complaints of overcharging in ride-sharing vehicles.   Surge pricing, which the LTFRB had earlier permitted, refers to the increase in fare rates when the demand for rides is higher than the available drivers. But commuters have complained some TNCs reportedly jack up their fares by up to 500 percent especially during peak hours. “That is one of the important and significant issues that we are trying to address: the pricing scheme involving TNVs. The …

Read More

Airbnb and Uber Make Up Just a Sliver of Independent Workforce

Gig work is sweeping advanced economies, but workers on digital platforms like Airbnb and Uber make up just a small share of the independent labor force. About 27 percent of America's working-age population engages in independent work, according to a McKinsey Global Institute survey, and the share is even larger in France and Spain. While only about 4 percent of the working-age population in the U.S. and Europe use online gig-work marketplaces, “rapid growth of the largest platforms suggests we have only just begun to see their impact.” Even as studies and anecdotes suggest that a growing number of people use short-term jobs as a primary or secondary source of income, data on the actual size of the gig workforce have thus far been limited. Understanding the scope of independent work could …

Read More