Power Wheels Magazine A Notch Above
Last October 24, the top executives from Toyota Motor Philippines (TMP), Grab Philippines, and Toyota Financial Services Philippines (TFSPH) gathered to officially sign the Memorandum of Agreement required to make vehicle replacement and regular maintenance much easier for existing TNVS drivers.
Present at the formal signing were TMP President Satoru Suzuki, with Senior Executive Vice President David Go; Grab Country Head Brian Cu, with Laurence Bahia, Head of Strategic Supply; and TFSPH President Atsushi Murakami, with Mr. Marlon Pernez, Vice President.
An initiative by the industry, the TMP-Grab Philippines partnership is an initiative by the industry leaders to help and promote the modern livelihood of Filipinos. That is not all, however, as it is also part of the earlier-announced strategic partnership between Toyota Motor Corporation and Grab Holdings, Inc.
With vehicles now being the drivers’ main source of income—TMP, TFSPH, and Grab are now jointly implementing these deals for Grab drivers with TNVS franchise.
| FROM | SPECIFICS |
| Toyota Financial Services Philippines (TFSPH)
|
1. A special loan package with low down payment and affordable monthly installments for existing Grab partners, with
inclusion of Maintenance Package option in loan term 2. Gas Card worth Php 5,000 |
| Toyota Motor Philippines Corporation (TMP)
|
1. Complete Maintenance Package (Option 1)
a) 30% off on periodic Maintenance Parts and Labor for up to 80,000 kms – actual price depends on vehicle model (Includes Seventeen (17) visits) b) 15% off on battery, aircon cleaning, engine detailing, and accessories – OR – Complete Maintenance Package Light – Warranty Void (Option 2) a) 30% off on Motor Oil, Oil Filter, Drain Plug, Gasket and Labor for up to 80,000 kms. – actual price depends on vehicle model (Includes Seventeen (17) visits) b) 15% off on battery, aircon cleaning, engine detailing, and accessories 2. PhP 15,000 Trade-in Incentive 3. Fuel Rebate Card 4. Free Dash Cam 5. Free Air Care (1 time if maintenance package is renewed ) |
| Grab Philippines (GRAB)
|
Application for Car Replacement / Dropping and Substitution of existing TNVS, subject to Grab endorsement of applicant:
1. Commission Rebate for first two (2) weeks of operation |
Toyota’s wide dealer network will be a vital part of this new endeavor. All 17 Metro Manila dealerships are participating in the promos, and provincial dealerships involved as of signing include Toyota San Fernando, Pampanga, and all Toyota dealers in Cebu, where GRAB is present.
