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Home»World»Ayala Corp exits Honda dealership enterprise within the Philippines
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Ayala Corp exits Honda dealership enterprise within the Philippines

VernoNewsBy VernoNewsOctober 7, 2025No Comments2 Mins Read
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Ayala Corp exits Honda dealership enterprise within the Philippines
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The Ayala Company revealed that it has determined to exit its dealership enterprise with Honda within the Philippines by the tip of the 12 months, bringing to an finish a partnership that has been working for greater than three a long time. The Philippine conglomerate introduced the choice collectively with the Japanese automaker’s native subsidiary, Honda Automobiles Philippines Inc.

Ayala confirmed that its ACMobility unit has determined to switch its Honda dealership enterprise throughout the Philippines, operated by its Iconic Dealership Inc subsidiary, to “new seller principals” by the tip of 2025, because it shifts its focus to the fast-expanding electrical automobile section.

ACMobility’s present dealership portfolio consists of manufacturers resembling Honda, Isuzu, Kia, and extra not too long ago China’s BYD Auto, the world’s largest BEV producer. BYD has change into the main BEV model in Southeast Asia, driving the section’s robust progress over the past two years. ACMobility not too long ago exited its distribution partnerships with Volkswagen and SAIC’s Maxus.

BYD delivered a complete of 6,700 automobiles within the Philippines within the first half of 2025, up from simply 200 items in the identical interval final 12 months, whereas Honda’s gross sales elevated by slightly below 4% to eight,220 items in the identical interval.

ACMobility’s CEO, Jaime Alfonso Zobel de Ayala, confirmed in an announcement: “This transition displays our ongoing effort to optimize our portfolio and concentrate on new progress areas. Amongst these are our initiatives in advancing sustainable mobility and electrification, the place we proceed to construct options that profit communities, companies, and the surroundings.”

“Ayala Corp exits Honda dealership enterprise within the Philippines” was initially created and printed by Simply Auto, a GlobalData owned model.

 


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