
For the last 120 hours, we published a number of notable local and foreign automotive news. In case you were too busy preparing for Father’s Day, here’s a recap of the latest in the automotive industry.
Local News Recap
The Board of Investments (BOI) recently approved both Mitsubishi’s and Toyota’s participation in the Comprehensive Automotive Resurgence Strategy (CARS) program. As a review, the CARS program intends to boost local vehicle manufacturing and it aims to attract P27 billion new investments, manufacture 600,000 more vehicles, and add PHP 300 Billion to the domestic economy (equivalent to 1.7 percent of gross domestic product).
With this, participating auto manufacturers of the CARS program will have to comply with performance-based terms and conditions. These include a minimum output of 200,000 vehicles over the program’s 6-year time period.

On the other hand, Ford Philippines reported that its sales were up by 78% in May 2016. The Everest led the positive sales performance of the brand with 1,069 units sold last month. The EcoSport also did well with 848 units sold while the Ranger registered 786 units.
Foreign News Recap

Hyundai revealed the Veloster-based RM16 concept during this year’s Busan International Motor Show. This is the latest member of Hyundai’s ‘N’ model concept and its design incorporates the “form follows function” principle. The RM16 concept is fitted with an aerodynamic body along with a low-extended hood, a large mesh grille, side air intakes, and an automatically controlled rear spoiler. Under the hood, it is powered by a 2.0L T-GDI inline-4 mid-mounted engine that puts out 300 hp and 383 Nm of torque. It is then mated to a 6-speed manual transmission.

Moving on, the Mazda MX-5 received a 5-star safety rating from the Australian New Car Assessment Program (ANCAP). It got 35.2 points out of a possible 37 overall points. The ANCAP also scored the MX-5 with 33.72 points out of a possible 36 points in the Pedestrian Protection category.
For more of the latest automotive news, visit the AutoDeal Blog Section.
Latest News
-
A new Mazda CX-5 is planned for 2025 with a hybrid powertrain / News
Mazda is working on launching a new CX-5 in 2025. The most popular crossover in the lineup is also going hybrid.
-
Toyota Gazoo Racing looks to unveil a concept car at Le Mans / News
A new Toyota Gazoo Racing motorsport car is set to be unveiled during the 24 Hours of Le Mans on June 10, 2023.
-
Report: Hyundai wants to greenlight production of the N Vision 74 / News
Hyundai is serious about putting the N Vision 74 into production according to Chief creative officer Luc Donckerwolke.
Popular Articles
-
Cheapest cars under P700,000 in the Philippines
Oct 20, 2022
-
First car or next car, the Ford EcoSport is a tough package to beat
Jun 18, 2021
-
Car Maintenance checklist and guide – here’s everything you need to know
Earl Lee · Jan 12, 2021
-
Most fuel efficient family cars in the Philippines
Bryan Aaron Rivera · Nov 27, 2020
-
2021 Geely Okavango — Everything you need to know
Joey Deriquito · Nov 19, 2020
-
Family cars in the Philippines with the biggest trunks
Jul 20, 2022
-
Head to head: Toyota Rush vs. Suzuki XL7
Joey Deriquito · Oct 28, 2020
-
Why oil changes are important for your car
Earl Lee · Nov 10, 2020
-
2021 Kia Stonic — What you need to know about it
Joey Deriquito · Oct 16, 2020
-
Top 7 tips for buying a used car in the Philippines
Joey Deriquito · Nov 26, 2020