And the conditions are ripe for more Filipinos to buy cars this season: Interest rates for auto loans are continuing to slide down, making it easier to purchase a car; mass transport is in a mess (and not everyone is keen on buying a motorbike, either); the economy, in general, continues to be bullish.
Who would’ve thought that the sheep could gallop as fast as the horse? But it’s happening, as evidenced in the blur of activities the big players in the Philippine automotive industry have been engaged in lately.
Honda Odyssey reservations raise the roof
In less than two weeks, the number of reservations for the recently launched Honda Odyssey had reached 140, no mean feat for a luxury vehicle.
Honda Cars Philippines (HCPI) introduced the all-new Odyssey on March 3. By March 16, HCPI counted 140 reservations already, with more inquiries coming in.
The Odyssey boasts of topnotch entertainment features.
The seven-seater luxury minivan is equipped with new features, such as the multiview camera system, smart parking assist system and the second-row Captain Cradle Seats.
It retains an introductory price of P2.298 million and comes with free Modulo accessories until March 31.
HCPI has sold 250 units of the American version since it was introduced in the Philippines in 2012. The newly launched version is from Japan.
The Odyssey is the first Honda model available in the Philippines developed with the Earth Dreams Technology 2.4-liter, DOHC i-VTEC four-cylinder engine and continuously variable transmission (CVT) with seven-speed paddle shifter.
Read more: http://motioncars.inquirer.net/35553/a-breakout-summer-for-ph-automotive-industry#ixzz3Vih7Lux9
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