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Regulations 6 months ago
PREMIUM
RI faces rough road in phasing out EV imports at turn of year
The government has said it will not renew the incentive scheme, which since 2024 has allowed automakers to import completely built-up (CBU) EVs without paying import duties, luxury tax or value-added tax (VAT).
Economy 7 months ago
PREMIUM
Major auto show GIIAS ends with larger crowds but slower sales
Auto dealers have been grappling with fiercer competition, especially in the electric vehicle segment, where a wave of new models, many from Chinese manufacturers, has entered the market with aggressively low pricing.
Economy 8 months ago
PREMIUM
Car sales tumble in first half of 2025 as consumers rein in spending
Recovery continued to elude the four-wheel vehicle market in the January-June period amid ongoing weak consumer demand, with local multi-finance companies, which typically rely on car loans, posted modest year-on-year growth of 2.8 percent in May.
