Toyota PH to expand Tamaraw lineup, leasing, and electrification in 2025

February 1, 2025
8:52PM PHT

Toyota Motor Philippines (TMP) is gearing up for an ambitious 2025, with plans to expand the Tamaraw lineup, enhance its vehicle leasing services, and strengthen its electrification strategy, according to TMP president Masando Hashimoto.

Speaking to the media on Friday, Hashimoto reflected on Toyota’s 2024 milestones and outlined the company’s key priorities for the year ahead, emphasizing mobility solutions, electrification, and motorsports development.

Tamaraw’s continued comeback

Following its highly publicized return in 2024, Toyota’s Tamaraw is set for further expansion in 2025. TMP will introduce additional conversion options and services to cater to a broader customer base, including small businesses and fleet operators.

Toyota will also enhance its financing and value chain options, making vehicle ownership more accessible through:

  • 10-percent downpayment schemes
  • Trade-in offers
  • Periodic maintenance service promotions

According to Hashimoto, 2025 “will truly be the year of the Tamaraw,” signaling Toyota’s intent to solidify the vehicle’s position as a Filipino icon.

TMP president Masando Hashimoto outlines the 2025 plans of the country's largest automaker./Video by Dax Lucas

Growth in leasing

Toyota’s vehicle leasing arm, KINTO One, recorded 376 contracts in 2024, driven by increasing demand from multinational companies in Metro Manila. To sustain this momentum, Toyota plans to revamp its leasing strategy with a focus on:

  • Zero capital expenditure options
  • Stable cash flow solutions for businesses

Toyota aims to expand its corporate leasing services, making its vehicles more accessible to companies seeking flexible mobility solutions, he said.

Electrification push

Meanwhile, the TMP chief said Toyota’s Beyond Zero strategy remains central to its sustainability agenda. The company will continue to strengthen its multi-pathway approach, focusing on:

  • Hybrid Electric Vehicles (HEVs), which are seeing steady adoption in the Philippines
  • Plug-in Hybrid Electric Vehicles (PHEVs), with potential market expansion
  • Alternative powertrains, including the Corolla Cross H2 concept and bZ4X EV

Toyota also hinted at an expanded electrified lineup arriving “sooner than expected,” signaling its commitment to a low-carbon future, he added.

Expanding motorsports and Gazoo Racing

Finally, Toyota Gazoo Racing division aims to make motorsports more accessible in 2025. Plans include:

  • A potential Tamaraw race inclusion
  • Joint motorsport events with other brands
  • Exploration of a street circuit for urban racing

“We want to prove motorsports is truly in our DNA and can be in yours,” Hashimoto said, highlighting Toyota’s push to grow the Philippine racing scene.

 Edited by Daxim L. Lucas

Featured News
Explore the latest news from InsiderPH
Friday, 16 May 2025
Insight to the one percent
© 2024 InsiderPH, All Rights Reserved.