Toyota Motor Corp. set a bullish year-end forecast of capturing nearly half of the Philippine automotive market in 2024.
He said the country’s positive performance and government support would contribute to the robust growth of the Philippine automotive market. The government’s supportive policies, including the Comprehensive Automotive Resurgence Strategy program, also created a favorable environment for automotive manufacturing and investment.
Toyota seeks continued government support, including clear policies for both local manufacturing and vehicle imports.
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