Toyota’s presence in the Philippines dates back to 1962 when Delta Motor Corporation, a company established by Ricardo C. Silverio, Sr.,acquired the rights to assemble and distribute Toyota vehicles for the Philippine market. Delta Motor Corporation collapsed during the Philippine economic downturn in the early 1980s. Operations came to a halt in December 1983 and by March 1984, Toyota’s tie-up with Delta Motor Corporation was terminated. The company was dissolved by 1988.
After a five-year absence, Toyota directly entered the Philippine market with the establishment of Toyota Motor Philippines Corporation (TMPC) in 1988.
Toyota Motor Philippines Corporation (TMP) is the largest automotive company in the country, with the widest vehicle line-up of 21 Toyota models.
It has 63 dealers nationwide, including Lexus Manila, Inc., for its sales distribution and service centers. – toyota.com.ph