September 22, 2014 2:55 PM ET

Automobiles

Company Overview of Toyota Motor Philippines Corporation

Company Overview

Toyota Motor Philippines Corporation manufactures and sells cars and car parts in the Philippines. It offers passenger, commercial, and hybrid cars; and oils and chemicals, and parts, including filters, clutches, shock absorbers, belts, and break pads. The company also offers maintenance, and body and paint services. It sells its products through dealers. The company was founded in 1988 and is based in Santa Rosa City, the Philippines. As of January 17, 2013, Toyota Motor Philippines Corporation operates as a subsidiary of GT Capital Holdings Inc.

Toyota Special Economic Zone

Santa Rosa-Tagaytay Highway

Santa Rosa City,  4026

Philippines

Founded in 1988

Phone:

63 2 825 8888

Fax:

63 2 6800 5086

Key Executives for Toyota Motor Philippines Corporation

Executive Vice President
Chief Engineer
Compensation as of Fiscal Year 2014.

Toyota Motor Philippines Corporation Key Developments

Toyota to Invest $45.6 Million in Philippines to Build All-New Innova MPV

Toyota Motor Philippines Corporation is planning to invest as much as PHP 2 billion ($45.6 million) in the country as it prepares to assemble an all-new Innova multi-purpose vehicle in the domestic vehicle market. The investment is expected to be routed towards increasing local content such as pressed components and parts for the all-new Innova to 40%, from the current 30%.

Toyota Motor Philippines Reports Sales Results for the Month Ended July 2014

Toyota Motor Philippines reported sales results for the month ended July 2014. For the month, the company sold 10,123 units, an increase of 65% over the year-ago period. The increase in sales is attributed to the increased demand for the Vios, which sold 2,480 units and the Innova, which sold 1,614 last year.

Toyota Motor Philippines Corporation Announces Consolidated Earnings and Sales Results for the Half Year Ended June 2014

Toyota Motor Philippines Corporation announced consolidated earnings results for the half year ended June 2014. For the period, the company reported total revenues reached PHP 48.9 billion, 29% higher than the PHP 37.8 billion attained in the first half of 2013. Consolidated net income grew 30% to PHP 2.98 billion from PHP 2.3 billion during the same period last year. From January to June of 2014, the company sold 48,512 vehicles, resulting in a year-on-year growth of 39%.

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