TOYOTA Motor Philippines (TMP) recently unveiled spinoff company Toyota Mobility Solutions Inc. (TMSPH) to get a stake in the growing intermodal transport services requirements in the country.

TMP President Atsuhiro Okamoto said the new company will "better shape the industry's role in building our modern societies and enriching human lives."

"We will accelerate the fulfillment of Toyota's global mission to 'Produce Happiness for All' and vision to create 'Mobility for All," Okamoto said in a statement.

The new company is considered the first of its kind among Toyota affiliates in Southeast Asia, and it aims to be a one-stop mobility solutions provider to help address day-to-day needs of moving goods from one point to another, according to appointed TMSPH President Ma. Cristina "Tini" Arevalo. "We envision TMSPH to be at the center of the 'new mobility' ecosystem as an integrated, 'one-stop' mobility solutions provider to help advance businesses and address local communities' needs," she said.

TMSPH presented an initial pipeline of services, including fleet-connected service, an on-demand shuttle booking app (which is currently in progress), car sharing or rental, logistics matching service, and fleet management service. "The fleet management service will not affect fleet buyers, but it can be offered as an added-value service," Arevalo added.

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Car rental services are on an hourly basis and are currently on a trial implementation. An hour with the Toyota Vios will cost P290, while the Innova with the same duration will cost P300.

As TMSPH expects to grow its business, TMP said automotive manufacturing will remain the backbone of the company.

"Our vision has always been to contribute to the Philippine economy and society through our automotive manufacturing business. As of the end of last year, Toyota is happy to provide jobs for approximately 63,000 Filipinos at TMP, our dealers, suppliers, and affiliates. We have also contributed $17.1 billion in terms of auto component exports to our Toyota group worldwide since we started export operations in 1997," TMP Chairman Alfred Ty said.