^
+ Follow SERAFIN PANTALEON Tag
SERAFIN PANTALEON
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 373944
                    [Title] => Toyota exports seen to reach $536M
                    [Summary] => 

Toyota Auto Parts Philippines Inc. (TAPI) is projecting its exports this year to reach $536 million or about P26.8 billion due to continuing demand for vehicles under Toyota’s Innovative Multi-Purpose Vehicle (IMV) project. 


For the fourth quarter of this year alone, TAPI expects its exports to reach $137.88 million.

This year’s export target is expected to be 6.76 percent higher than the company’s actual shipments in 2005 which amounted to just $502 million.
[DatePublished] => 2006-12-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 354251 [Title] => Toyota to assemble Vios locally [Summary] => Toyota Motors Philippines Corp. (TMPC) plans to start assembling completely knocked down (CKD) Vios vehicles in the country next year, according to TMPC senior executive vice president Serafin Pantaleon.

At present, TMPC imports the Vios model as a completely built-up (CBU) unit from Thailand.

However, because of its popularity and continuing high demand, Pantaleon said, TMPC has decided to start assembling CKD packs of the fuel-efficient Vios model in the Philippines.
[DatePublished] => 2006-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 298770 [Title] => Toyota to continue production, assembly of CKD vehicles in RP [Summary] => Toyota Motors Philippines Inc. (TMPI) senior vice president Serafin Pantaleon reiterated yesterday Toyota’s commitment to continue its production and assembly of completely knocked down (CKD) motor vehicles, specifically the Innova, Corolla and Camry models in the country.

At the same time, Pantaleon assured, Toyota is also committed to developing the supporting industries which are auto parts and components manufacturing.
[DatePublished] => 2005-09-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 293132 [Title] => Toyota Autoparts earns $231M in H1 exports [Summary] => Toyota Autoparts reported yesterday that earnings from exports of autoparts went up by nearly 28 percent to $231 million in the first half of the year from $181 million in the same period last year.

Toyota Motors Philippines Inc. senior vice president Serafin Pantaleon said the first half export figures were more than half of the company’s $451 million export target for the whole of 2005.

Pantaleon attributed the 27.6 percent increase in first half autoparts exports to Toyota’s IMV (Innovative Multi-purpose Vehicle) program.
[DatePublished] => 2005-08-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 219599 [Title] => New excise tax won’t bring down prices of Toyota cars [Summary] => Prices of Toyota’s passenger cars may not drop significantly even with the implementation of a new value-based excise tax.

Toyota Motor Philippines Corp. senior vice president Serafin Pantaleon said that Toyota is still studying its passenger car price structure due to the recent depreciation of the peso against the dollar.

The new excise tax system, which was signed into law last week by President Arroyo, effectively lowers the tax on passenger cars and removes the tax-exempt status of Asian utility vehicles (AUVs).
[DatePublished] => 2003-09-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 219196 [Title] => Car makers want BIR revenue regulation junked [Summary] => Local car manufacturers have urged the Department of Finance and the Bureau of Internal Revenue to put aside BIR Revenue Regulation 4-2003 as the new excise tax bill has been signed into law by President Arroyo.

According to Serafin Pantaleon, senior vice president of Toyota Motors Philippines, the DOF should issue a clarification about the status of RR-4-2003 now that the new excise tax scheme is set to take effect.

Pantaleon said implementing the RR would only confuse the industry. Instead, government should just shift directly to the new excise tax system.
[DatePublished] => 2003-08-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 206325 [Title] => Toyota launches new sub-compact ‘Vios’ [Summary] => Toyota Motor Philippines Corp. (TMPC) hopes to stir the languishing passenger car market with the launching yesterday of its new sub-compact sedan, the Vios.

"The introduction of the Vios completes Toyota’s passenger car line-up which include the Altis and Camry," TMPC president Nobuhara Tabata said.

Priced at a competitive range of P550,000-P700,000, Tabata said Toyota expects a monthly sales of about 300 units for the Vios.
[DatePublished] => 2003-05-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 201178 [Title] => Passenger cars seen to expand market share [Summary] => Toyota Motor Philippines Inc. (TMPI) senior vice president Serafin Pantaleon said yesterday that they expect the market share of passenger cars to increase to 35 percent from its current share of 25 percent following the passage of the new value-based excise tax.

Pantaleon said passenger car prices are expected to drop with the passage of the new tax scheme.

"At the same time, more vehicle models are expected to be introduced into the market once the new value-based excise tax is in place and engine displacements is no longer a consideration," Pantaleon said. [DatePublished] => 2003-04-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 186792 [Title] => Selective motor import lib to kill auto industry — CAMPI [Summary] => In five years or less, the Philippine automobile industry may die out if the government adopts a selective liberalization of motor vehicle imports.

According to members of the Chamber of Automotive Manufacturers of the Philippines (CAMPI), a further lowering of the gross vehicle weight (GVW) limit for the liberalized entry of light trucks to 2.5 tons would affect 30 percent of the commercial vehicle market.
[DatePublished] => 2002-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 135308 [Title] => In the driver’s seat [Summary] => Outside Baguio’s main market are the ubiquitous Tamaraw FX. They carry housewives and tourists to and from the market. They haul goods. And most of them are fake. Toyota Motor Phils. Corp. does not have a distributor that far up north.

The number of vehicles produced by backyard operators using chop-chop and second-hand parts is huge. In 1999, the Land Transportation Office registered 153,000 vehicles nationwide. In that same year, members of the Chamber of Automotive Manufacturers of the Phils. Inc. assembled about half or 74,288 of the LTO total.
[DatePublished] => 2001-10-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey  [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) ) )
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