^
+ Follow AUTOMOTIVE INDUSTRIAL WORKERS ALLIANCE Tag
AUTOMOTIVE INDUSTRIAL WORKERS ALLIANCE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 462197
                    [Title] => Toyota to raise price of Innova on higher costs
                    [Summary] => 

MANILA, Philippines – Toyota Motor Philippines (TMP), the country’s largest automobile distributor, said the price of Innova may go up as a result of higher operational cost because the income tax holiday (ITH) being given by the government expired last March.

[DatePublished] => 2009-04-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 440625 [Title] => Toyota may cut benefits of local executives [Summary] =>

Toyota Motor Philippines (TMP), the country’s largest automobile distributor, announced they are studying the possibility of cutting the benefits of local executives and freeze wages amidst the slowdown in vehicle demand.

[DatePublished] => 2009-02-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 437313 [Title] => Big automotive players start to feel pinch [Summary] =>

Big players in the local automotive industry have been hit by the global slowdown in consumer demand as Toyota Motor Philippines (TMP) reduced their production of Innova and Vios by 10 percent, Nissan Motor Philippines Inc. implemented a four-day work week and retrenched 16 percent of its workers while Mitsubishi Motors Corp. Philippines instituted a rightsizing program.

[DatePublished] => 2009-02-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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