Toyota Motor PH incorporates Toyota Mobility Solutions
Toyota Motor Philippines (TMP) is working on improving the quality of life of Filipinos with the inauguration of its new subsidiary, Toyota Mobility Solutions Philippines, Inc. (TMSPH) which will be a provider of various mobility-related services, held yesterday at the Grand Hyatt Manila.
It is also the first of its kind among Toyota affiliates in the Southeast Asian region. It is considered as a ‘New Mobility Dojo’ that is projected to modernize domestic mobility systems and Internet of Things (IoT), potentially creating employment opportunities for technical but customer-centric professionals.
According to TMP President Atsuhiro Okamoto, this new venture will “better shape the industry’s role in building our modern societies and enriching human lives.” “We will accelerate the fulfillment of Toyota’s global mission to ‘Produce Happiness for All’ and vision to create ‘Mobility for All,” he added.
“We envision TMSPH to be at the center of the ‘new mobility’ ecosystem as an integrated, ‘one-stop’ mobility solutions provider to help advance businesses and address local communities’ needs,” said TMSPH President Ma. Cristina Fe Arevalo.
At its inauguration, an initial pipeline of services was presented by TMSPH such as fleet-connected service, on-demand shuttle booking app, car sharing or rental, logistics matching service, and fleet management service. In addition, TSMPH will complement Toyota Financial Services Philippines Corporation (TFSPH) in promoting and managing units under its full operating lease product called Kinto.
Confident that the Philippines can rebound to the pre-pandemic momentum of motorization, TMP says automotive manufacturing remains the company’s core business and will continue to serve as a major driver of economic development. Toyota provides staunch support to local manufacturing, a backbone of the Philippine economy, through a strategic network of vehicle and parts manufacturing industries, as well as the export of automotive parts and components by local Toyota Group suppliers.
“Our vision has always been to contribute to the Philippine economy and society through our automotive manufacturing business,” TMP Chairman Alfred V. Ty said. “As of the end of last year, Toyota is happy to provide jobs for approximately 63,000 Filipinos at TMP, our dealers, suppliers, and affiliates. We have also contributed $17.1 billion in terms of auto component exports to our Toyota group worldwide since we started export operations in 1997.”
