Toyota Motor Philippines (TMP) strengthens its commitment to Mindanao with the groundbreaking of Toyota Tugbok, Davao on May 27, 2024.
The new dealership will be the third Toyota dealership in Davao City upon completion.
“Davao City is one of the most progressive and promising areas in the Philippines sustaining elevated levels of economic growth. The presence of service, manufacturing and agriculture sectors shows that this city will continue to boost the economy and create livelihood,” said TMP president Masando Hashimoto during the groundbreaking ceremony.
He said the automotive company is committed to providing the community with the improved mobility of people, goods and services by establishing another Toyota dealership in Davao City.
Toyota Tugbok will be a 3S dealership, offering a full suite of services including sales of Toyota vehicles, after-sales services and genuine spare parts.
Toyota accounted for 47.25 percent of the Philippine automotive market with 16,093 units sold in January 2024.
It remained the best-selling brand in 2023 with a market share of 46.54 percent and total sales of 200,031 units.
