BPI extends auto loan promo at Philippine International Motor Show

The Bank of the Philippine Islands (BPI) continues to boost its auto loan offerings, as it joins the upcoming Philippine International Motor Show (PIMS), which is a biennial event that brings the country’s biggest auto manufacturers and distributors together to showcase their latest vehicles and cutting-edge technologies.

As its exclusive auto financing partner, BPI will extend its 171 Anniversary promo, which will offer qualified PIMS attendees with waived fees of up to P171,000, as well as exclusive partner offers, and free insurance. Now on its 8th edition, PIMS 2022—organized by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI)—is slated on September 15 to 18 at the World Trade Center in Pasay City.

“Given that events are slowly going back to normal, BPI would like to support the recovery of the motoring industry. By taking part at CAMPI’s PIMS, this will show that together we will all recover as one,” Dennis Fronda, Head of Retail Lending, BPI

According to CAMPI, the motor show returns after a four-year hiatus when the motoring industry players had been constantly adjusting and adapting to the needs of consumers relative to the impacts of the pandemic.

For this year, PIMS will focus on introducing innovations that will provide safer, more efficient, and sustainable mobility to the people with the theme “Mobility + Humanity: Innovating for the Common Good”.

“Despite the challenges, we are positive that the industry is on its way to revival and recovery as evidenced by the double-digit growth in the past month with an 18.4% increase in vehicle sales year-to-date. Currently, we are almost at 57% of our annual industry target,” said Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) President Atty. Rommel Gutierrez.

PIMS will bring together 13 of the top automotive brands including long-term partners BMW, Foton, Honda, Isuzu, Kia, Mazda, Mitsubishi, Nissan, Suzuki, and Toyota, as well as new members Chery, Geely, and Hyundai in unveiling their latest and most recent innovations that will drive the future of mobility.

Like previous editions of PIMS, the motor show will feature exclusive car launches and car displays in the brand booths and daily presentations of the country’s leading auto manufacturers. In addition, spectators and guests of the motor show can look forward to test driving some of the latest vehicles in the market from participating brands.

“This event will serve as another avenue not only to car enthusiasts but also for Filipinos looking to explore and who are already in the stage of planning to buy their own car or looking to have an upgrade”, Fronda.