The law of supply and demand is one of the most fundamental concepts in economics. In a nutshell, if lots of people want something (high demand) that isn’t plentiful (short supply), the price would shoot up until the right number of buyers remains. This applies to everything from food items like onions to pricier products like cars. However, certain car dealerships are taking this economic principle to absurd extremes. AutoFun Philippines content head Mikko David reported that some buyers of the

Price-gouging has long been an illicit practice in the local car industry, particularly at new-car dealerships. It refers to dealers asking for more money on top of a new car’s list price, which already includes a profit margin. This happens most often with models that have very high demand. The added charges are imposed either by forcing the buyer to take a financing program – where the buyer can get the car immediately at the cost of high monthly payments, which the dealer gets a cut of – or t

A new hot hatchback is coming to the Philippines with the recent reveal announcement of the 2023 Honda Civic Type-R. According to our sources, it will reportedly be priced anywhere from an eye-watering 3.6 to 3.9 million pesos—a hefty jump from the ₱3,210,000 swansong price of the previous generation Civic Type R. According to a report from Autoindustriya the new model will reportedly be unveiled in the Philippines on January 19, 2023. This follows the recent introduction of the hot hatch to the

Think Jaguar and many of us recall glamorous luxury cars with acres of polished timber and vast swathes of buttery-soft leather. Whether it was the Mark 2, the Mark X or the XJ6, these sleek saloons, with their plush and stylish cockpits, made their German counterparts from BMW, Audi or Mercedes-Benz look like staid and upright boxes. Younger car lovers, meanwhile, would recognize “Jags” like the record-breaking XJ220 and the F-Type for their standout styling and blistering performance. But for

The 2023 Mercedes-Benz C 180 was recently unveiled by Auto Nation Group, the official distributor and importer of Mercedes-Benz vehicles in the Philippines. Priced at Php 3,890,000, the new C-Class will be sold only in Avantgarde trim at all four Mercedes-Benz dealerships around the country. Baby S-Class? Touted as the brand's modern executive C-segment take on luxury, the new C-Class Avantgarde sports features that have trickled down from the flagship S-Class. How high has the new C-Class raise

No more Mercedes-Benz wagons after 2030 Current era S206 C-Class Bequest and next-gen 2022 E-Class wagon (S214) to be the last Sales of wagons have been falling in all key markets Enthusiasts rave approximately wagons, but few exterior of Europe really purchase one, and for a part of car producers, the trade case for wagons is getting to be less and less feasible. German distribution Automobilwoche has learned that Mercedes-Benz will drop all wagons from its line-up by 2030. The recently launche