Toyota Motor Philippines Corporation (TMP) recently launched a mobility services subsidiary: Toyota Mobility Solutions Philippines, Inc. (TMSPH).
“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.
She defined “new mobility” as a “suite of technology and data-driven lifestyle and business solutions addressing day-to-day challenges of moving people and goods from one point to another.”
According to Arevalo, the new company will primarily support operating efficiencies and growth of micro-, small- and medium-sized enterprises. Initial products include fleet-connected service, on-demand shuttle booking app, car sharing or rental, logistics matching service and fleet management service.
In addition, the company will complement Toyota Financial Services Philippines Corporation, promoting and managing units under KINTO, its full operation lease service.
TMSPH Vehicle Usership (VU) platforms are available for individuals and the business sector.
Automotive manufacturing remains the TMP’s core business. “Our vision has always been to contribute to the Philippine economy and society through our automotive manufacturing business,” said Alfred V. Ty, TMP chairman.
As of 2021, the company provided jobs for approximately 63,000 Filipinos at TMP, its 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,” said Ty.