The Bureau of Customs is counting on the reinstated excise tax on pickup trucks and potential gradual increase in rice import tariffs to offset revenue lost due to Executive Order No. 62.
Digital mapping specialist TomTom has suspended its 2025 revenue target and trimmed its expectations for this year due to weak demand in the automotive sector.
Lamborghini achieved record sales and revenue in 2024, driven by hybrid models and a focus on new demographics and the EV market. CEO Stephan Winkelmann discusses the company’s strategy for sustainable growth.
