Mitsubishi upgrades Christmas promo; Honda awards Lazada 11.11 winner; Toyota monozukiri fund up


    With 2-months free amortization for the Xpander and Mirage G4

    There are now more reasons to celebrate the month of December as Mitsubishi Motors Philippines Corporation upgrades its Mitsubishi Christmas Dream Car Promo. Customers can now avail of FREE 2-months amortization for the Mitsubishi Xpander and Mirage G4 on top of its low down payment plan.

    • Xpander GLX MT: 18K all-in DP + 2 months free amortization
    • Xpander GLX Plus AT: 28K all-in DP + 2 months free amortization
    • Mirage G4 GLX MT: 8K all-in DP + 2months free amortization

    Participating banks for the all-in low down payment plus 2 months free amortization offer are: BDO, BPI, China Bank Savings, East West Bank, MayBank, RCBC and UCPB.

    Extended in the December promo are the flexible plans from BDO and BPI:

    Mitsubishi Xpander:

    • BDO Low monthly plan for as low as Php 18,288 for 72 months
    • BPI StepUp pay plan that starts for as low as Php 18,501 for the 1st year

    Mitsubishi Mirage G4:

    • BDO Low monthly plan for as low as Php 13,335 for 72 months
    • BPI StepUp plan that starts for as low as 13,491 for the 1st year

    The Mitsubishi Xpander is the number 1 selling 7-seater MPV that offers a spacious interior, host of convenient features while matched with a dynamic and sporty design.

    The Mitsubishi Mirage G4 is a proudly Filipino built small sedan that is known for its practicality and reliability. The 5-seater Mirage G4 delivers a daily pleasant drive because of its easy maneuverability and comfortable ride. To top it off, the G4 has a fuel efficiency rating that can go up to 21km/L.

    Also included in the Mitsubishi December Christmas promo is the powerful and well equipped 7-seater Montero Sport 4×4 GT offered at Php 230,000 cash savings or 0% monthly interest plan for 36 months.

    To know more about Mitsubishi Motors Philippines Corporation’s latest offers and products, visit or contact your preferred Mitsubishi dealership. Per DTI fair trade permit no. FTEB 109737 series of 2020

    Honda awards all-new Honda City to Lazada’s 11.11 grand raffle winner

    Honda Cars Philippines, Inc. (HCPI), Honda’s automobile business unit in the Philippines, recently awarded one (1) brand new Honda City 1.5 S CVT to the Lazada 11.11 grand raffle winner, Mr. Rich An Cruz last December 3, 2020 at Honda Cars Quezon City (HCQC).

    Last October 2020, HCPI officially announced its new Honda flagship store on LazMall in partnership with Lazada Philippines. As part of its 11.11 campaign, Honda partnered Lazada to raffle off one (1) unit of the recently launched All-New Honda City 1.5 S CVT to customers who followed Honda’s LazMall Flagship Store page and purchased items from Honda’s LazMall Flagship Store from November 1-20, 2020.

    HCPI hosted an awarding event at HCQC for the formal turn over of the All-New City 1.5 S CVT to the grand raffle winner.

    “We would like to congratulate Mr. Rich An Cruz, the winner of this year’s Lazada 11.11 grand raffle. We are also grateful to have been part of Lazada’s 11.11 campaign this year. Through our partnership, we were able to reach our loyal customers and patrons online and further expand our virtual presence in the new normal.” said Mr. Masahiko Nakamura, president of Honda Cars Philippines, Inc. (HCPI).

    “Our partnership with Honda signals Lazada’s commitment to deliver the best shopping experience to customers, by providing convenient access to Honda’s vehicles, automotive parts and accessories on our platform. During our recent 11.11 Shopping Festival, we saw over 4,500 Honda car reservations made in one day, and we are excited to achieve even more milestones together,” said Lazada Chief Operating Officer Carlos Barrera.

    On top of the Lazada 11.11 Grand Raffle, Honda is also raffling off one (1) brand new Honda Brio 1.2 S MT and other exciting prizes through its “Stay Connected with Honda Raffle” promo. Honda car owners who successfully register and provide their contact information (with OTP and email verification) through the microsite link of HCPI at will get one (1) corresponding e-raffle entry.

    To know more about Honda’s latest promotions and LazMall Flagship Store on Lazada, visit HCPI’s official website at Follow Honda’s LazMall Flagship Store to know more about Honda’s exclusive promotions.

    Toyota, SPARK set up monozukiri fund in Japan 

    TOKYO―December 7, 2020―SPARX Group Co., Ltd. announced today the establishment of the Japan Monozukuri Mirai Fund, based on the memorandum of understanding (MOU) with Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation (SMBC), MUFG Bank, Ltd., and Mizuho Bank, Ltd., which was signed in November 2020.

    The Fund will invest in Japanese monozukuri (manufacturing) companies with superior technology, human resources, and services to maintain Japan’s advanced technology and skills and develop its future monozukuri capabilities. The Fund will also support these firms in implementing the Toyota Production System (TPS) and formulating management strategies. The Fund aims to contribute to society by developing Japanese monozukuri through its portfolio companies’ sustainable growth.

    Managed by general partner (GP) SPARX, the Japan Monozukuri Mirai Fund began operations in December with its initial total capital of JPY 12.3 billion financed through contributions from its limited partners (LPs). By October 31, 2021, the goal is to have gathered a total of JPY 20 billion in capital through additional contributions from investors that endorse the new Fund’s objectives.


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