Showing results for "$3.1 Billion"
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P269.19-billion bridge project to connect Luzon, Visayas, and Mindanao / News
105-km worth of bridges to connect Luzon to Mindanao.
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Renault-Nissan-Mitsubishi to spend $1-billion on future tech / News
This new firm aims to fund start-ups, forge new partnerships for the next-generation mobility.
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DPWH unveils new major project worth over PHP 1.6 Billion / News
Connecting roads between Pasig City and Taguig City is expected to be completed by 2020.
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Subaru to invest heavily on R&D to electrify its lineup / News
Subaru will invest ¥134-billion (around P60-billion) to build an electric vehicle by 2021.
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2017 Toyota Yaris reveals more than just fresh facelift / News
The 2017 Yaris underwent a whopping a €90 million (P4.78 billion) worth of development.
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Toyota adds $600 M to continue US investment / News
Amidst the building hype of automakers investing inside the American borders, Toyota Motor Corp. adds up to the list with a $600 million (P29.8 billion) investment and 400 new jobs inside th...
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Hyundai, Kia to invest $3.1 billion in U.S., plan to build new plant / News
Hyundai Motor Co. and Kia Motors Corp. is planning to invest $3.1 billion (P155 billion) in the U.S. over the next 5 years. This move could be related to U.S. President-elect Donald Trump’s...
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Ford cancels plan for Mexico; invests heavily on Michigan plant / News
In what it seems like an answer to President-elect Donald Trump’s heed to bring back jobs to the U.S., Ford announced that they are cancelling the $1.6 billion (around P78.6 billion) investm...
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Daimler to invest $11 billion for EV development / News
Daimler is eyeing to invest $11 billion in developing electric vehicles (EVs) according to the company’s research and development (R&D) head Thomas Weber.
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Volkswagen eyeing to cut 30,000 jobs / News
The German automaker Volkswagen AG has agreed, with its labor unions, to cut 30,000 jobs globally to save 3.7 billion euros (around P195.8 billion), according to Automotive News. This is an...
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Volvo XC90 / Video Unboxing
With 3 years and $11 billion to develop, the XC90 is here and wants you to know it’s all worth it.
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Nissan officially acquires 34% stake in Mitsubishi / News
It’s now official, Nissan Motor Co., Ltd. is Mitsubishi Motors Corporation’s largest shareholder, after acquiring 34% stake as part of the $2.3 billion deal (about P 110.6 billion). Carlos G...
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Mitsubishi PH to open its stamping shop facility in 2018 / News
Mitsubishi Motors Philippines Corporation (MMPC) held a groundbreaking ceremony for the construction of its P2 billion stamping shop facility in Laguna. The construction of the said facility...
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Uber PH commences uberPOOL in Metro Manila / News
The Japan International Cooperation Agency (JICA) estimates that our economy loses P2.4-billion daily because of congested traffic. Uber, one of the leading ridesharing apps in the world, br...
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Nissan buys 34% controlling share in Mitsubishi / News
Nissan Motor Co. Ltd. and Mitsubishi Motors Corporation have signed an agreement to form a strategic alliance which saw the former buying 34% of the latter’s shares for 237 billion yen (arou...
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Volvo previews all-new XC90 that's bound for the Philippines / News
In the last few years, Volvo hasn't really built anything significantly new. But now we have this, the all-new XC90 which the Scandinavians spent the last 3 years and $11 billion to develop....
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Petron's gasoline fuel line-up are now all Euro-4 compliant / News
Allow us to bring you the good news that, starting today, all gasoline fuels that come out of Petron stations are now Euro-4 complaint. That means cleaner emissions that, as far as we know,...
