Alfred V. Ty, chairman of Toyota Motor Philippines, delivered a speech at the Toyota Thanksgiving Party, emphasizing the industry's growth and calling for collaboration among automakers to develop the sector into a major economic force.
Alfred V. Ty , the chairman of Toyota Motor Philippines, delivered a speech at the recent Toyota Thanksgiving Party, highlighting the automotive industry's growth and calling for unity among car makers. Ty expressed his optimism for 2025, citing a projected 8 percent increase in car sales, reaching 512,000 units. He emphasized the industry's contribution to the national economy through job creation, government revenue, and exports.
Ty stressed the importance of viewing the automotive sector as a cohesive force driving nation-building. He urged automakers to collaborate on a united program to develop the industry into a major economic contributor.He noted the record-breaking sales of 474,000 units in 2024, exceeding the previous record set in 2017. Ty attributed this success to the combined efforts of Toyota, CAMPI, TMA, AVID, and EVIDA players. He pointed out that the influx of automakers and brands signals a positive outlook for the industry.Ty also acknowledged the return of the Tamaraw, a significant development in the local auto industry. He expressed his belief that the automotive sector should be viewed as a single unit working towards national development goals. He advocated for a unified automotive program that leverages the collective power of all automakers in the country
ALFRED V. TY TOYOTA MOTOR PHILIPPINES AUTOMOTIVE INDUSTRY PHILIPPINES ECONOMIC DEVELOPMENT UNITY NATION BUILDING SALES RECORDS TAMARAW
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