The Volkswagen Group is reportedly considering the sale of superbike builder Ducati as part of the ongoing effort to streamline its portfolio. Per Bloomberg, the Italian manufacturer is valued at 1.25 billion euros (over P91 billion). Ducati is under the Audi Group, itself part of the larger Volkswagen Group structure. Audi CEO Gernot Döllner previously shared that…
The Light Rail Transit Authority (LRTA) has secured right-of-way for the Las Piñas Station of the Light Rail Transit Line 1. This was recently finalized through a memorandum of agreement signed by the LRTA and the Villar Group. The latter agreed to donate right-of-way and, with that, 4,465sqm of land for the upcoming station. The Department of…
The United States Department of Transportation has issued an open letter to Ford Motor Company over its continued partnerships with Chinese entities. Department secretary Sean Duffy addressed Ford’s CEO, Jim Farley, expressing “profound concern” over manufacturing integrity, supply chain exposure, and reliance on technology from “foreign adversaries.” In the Philippines, it is no secret that the…
The resale value of a vehicle from an unfamiliar EV brand is one more uncertainty buyers have to weigh. VinFast’s Residual Value Guarantee (RVG) Program offers a way to share that risk, and the brand is putting the approach to work in the Philippines. A brand-new car starts losing value the moment it leaves the dealership. How quickly that happens…
Now, you may be thinking… PHOTO BY Lije Martin At a time when fuel prices are skyrocketing, and hybrids and EVs are selling like hotcakes, why did Ford suddenly bring in a hungrier diesel powertrain for one of its most well-known nameplates? We took it out on a media drive from Metro Manila to Rizal and Batangas,…
