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The Mitsubishi L300 has the longest vehicle production run in the Philippines under a single generation. Production started in 1987, and again since 2019. The automotive industry in the Philippines is one of the largest in the Asia-Pacific region, with approximately 441.4 thousand vehicles sold in 2023.
To support this continuous growth, the Government extended the exemption of taxes for the purchase of all-electric vehicles with a retail price of up to US$40.000. BEV sales in 2023 grew by 80.92% to 1.887, a 3.14% market share of total vehicle sales.
Take-home vehicle. A company car is a vehicle which companies or organizations lease or own and which employees use for their personal and business travel. [1] A take-home vehicle is a vehicle which can be taken home by company employees. Depending on the company, company cars may be available to all employees or just top-level personnel.
Off-price. Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount ...
The Washington Post announced on Sunday that it had parted ways with its top editor, Sally Buzbee, in a seismic shakeup executed by new publisher and chief executive William Lewis just months ...
Newsvendor model. The newsvendor (or newsboy or single-period [1] or salvageable) model is a mathematical model in operations management and applied economics used to determine optimal inventory levels. It is (typically) characterized by fixed prices and uncertain demand for a perishable product. If the inventory level is , each unit of demand ...
Nationwide, 15 out of every 1,000 people were receiving mental health treatment in 2022. However, disparities between states vary widely. In New Mexico, for example, 7 of every 100 people are ...
American retail corporation Walmart has been the world's largest company by revenue since 2014. [1] The list is limited to the largest 50 companies, all of which have annual revenues exceeding US$130 billion. This list is incomplete, as not all companies disclose their information to the media and/or general public. [3]