Showing results for "$3.1 Billion"
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Ford parks the Auto-Park, drops self-parking feature to cut costs / News
Ford is removing its Active Park Assist feature that helps cars park independently, aiming to save an estimated $2 billion in costs.
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Targeting the bull's eye? Toyota sets Php 5.5 Billion on Tamaraw for 2024 launch / News
With the launch of Tamaraw around Q3 of the current year, Toyota makes a total of P5.5 billion investment in the Philippines.
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Construction of the Cavite-Batangas government gets green light from the Cavite gov’t / News
SMC and the Cavite government have recently finalized a joint venture deal to construct the Cavite-Batangas expressway.
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Mazda’s planning to spend $11 billion USD on battery production / News
Mazda is looking to spend 11 billion USD to ramp up battery and EV production in face of environmental regulations.
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CCLEX to open on April 27, 2022 / News
The P30-billion tollway project is the first of its kind outside of Luzon.
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The Binondo-Intramuros Bridge opens on April 5, 2022 / News
The new bridge will reportedly service up to 30,000 motorists a day through three separate openings.
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Ayala sells its stake in the Muntinlupa-Cavite Expressway / News
Trimming down its portfolio and acquire money for more assets, the Ayalas are selling its MCX stake for P3.8-billion.
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SMC inaugurates SLEX Elevated Extension project / News
The project could serve up to 200,000 vehicles per day and boost post-pandemic economic growth.
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Japan lends another P112.9 billion to the Philippines for the Metro Manila Subway / News
Japan will provide a total of P370.8 billion of loans for the Philippines’ first-ever underground railway system.
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Ford plans to spend up to $20 billion more on electric vehicles / News
Ford’s EV offerings have already proven to be popular, but it appears the automaker wants more.
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The Philippines' longest bridge is set to open soon / News
The P30-billion 8.9-kilometer Cebu-Cordova Bridge will be the longest in the Philippines.
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Toyota will invest $3.4 billion in electric car batteries in the US / News
The Japanese automaker has backtracked after lobbying the US Congress to slow the EV transition.
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NLEX to add a new section between Mindanao Avenue and Quirino Highway / News
A P2-billion project to create a 2-kilometer section between Mindanao Avenue, and Quirino Highway.
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P741.4-billion allotted for multiple railway projects / News
From only 77 km in 2016, the railway system will be extended to 1,209 km by 2025.
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Cebu’s Bus Rapid Transport might partially open before 2021 ends / News
Its projected cost equates at P16.5 billion.
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A new toll bridge will soon link Cebu and Cordova / News
It will now make commuting from Cebu to Mactan Island much easier reducing the distance and travel time.
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The Nissan LEAF clocked in 13 billion emission-free kilometers globally / News
The Nissan LEAF is an EV that contributes to emission-free mobility, and here are some metrics from the brand itself.
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Nissan demystifies EVs, reports 400,000 units sold for LEAF / News
The LEAF is Nissan’s EV for all. After 10 years, the brand debunks myths of ownership to bring more awareness to EVs.
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PH, Japan sign P18-billion loan agreement for MRT-3 rehabilitation / News
Expected to run until 2022, this project will cover the overall rehabilitation and maintenance of the MRT-3.
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Porsche celebrates 70 years / Video Feature
One of the pillars in German automotive engineering is merrily celebrating its 70th year
