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Motoring

Toyota to recall 1.75M vehicles globally

TOKYO -- Toyota said Wednesday it is recalling 1.75 million vehicles globally over brake problems and other glitches that posed a fire risk, marking the latest in a string of call backs by the world’s biggest automaker. The Japanese giant pointed to three problems in several models including its luxury…

Hyundai gears up for green dealerships

Hyundai Asia Resources, Inc. (HARI) is aggressively expanding its nationwide dealership network as it inaugurated recently its newest branch in Davao City with four others scheduled to launch before yearend. Aside from Hyundai Davao, scheduled for opening in the next few months are dealerships in Marilao, Cabanatuan City, Batangas City,…

Ferrari sells for record $38 million

LOS ANGELES — A red 1962 Ferrari 250 GTO Berlinetta, said to be one of only a handful, was snapped up for $38.1 million in California, becoming the most expensive car ever sold at auction. The previous record was held by a 1954 Mercedes-Benz W196R Formula 1 model bought in…

Eon, Accent do it for Hyundai

Hyundai Asia Resources, Inc. (HARI), the official distributor of Hyundai vehicles in the Philippines, registered a promising 6% year-on-year growth in July to a total of 1,952 units. Hyundai’s positive sales track was sustained by brisk sales from the passenger car (PC) segment. PC sales hit a total of 1,411…

Stong start

PH total car sales hit 20,730 units in July The Philippine car industry is well on the way of achieving its desired target in total sales after a strong showing at the start of the second half of the year. A report by the Chamber of Automotive Manufacturers of the…
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