East West Banking Corporation has launched EastWest AutoCash, a refinancing program that allows vehicle owners to secure funds using their car as collateral while continuing to use it for daily mobility.

The program gives car owners access to cash based on the value of their vehicle. Clients may borrow up to 70 percent of the vehicle’s appraised value, with repayment terms that can extend up to 48 months. EastWest also offers a special interest rate of 0.68 percent per month for loans set at 50 percent loan-to-value (LTV), which is among the more competitive refinancing rates in the market. Standard refinancing loans carry a monthly rate of 0.88 percent.

EastWest AutoCash is open to both existing EastWest clients and new customers. The bank said the program is intended for car owners who need funds for business expansion, education, medical expenses, emergencies, or other personal needs.

To qualify, the vehicle must be registered under the borrower’s name and must not be more than 10 years old. If the vehicle still carries an existing loan, the new loan amount must exceed the remaining balance. EastWest will release the proceeds after deducting the outstanding balance.

EastWest President and CEO Jerry G. Ngo said the program provides customers with a practical way to access funds without giving up their vehicle.

“EastWest AutoCash gives customers a smart way to access funds using an asset they already own — without disrupting their daily mobility. It’s about helping our clients move forward financially while continuing to move forward in life,” Ngo said.

Interested clients may visit the EastWest website to learn more about the AutoCash refinancing program.

Ford Philippines has brought back its annual “March Madness” promotion, offering a week of discounts, trade-in support, and service deals for customers across its vehicle lineup and aftersales network. The limited-time campaign runs from March 9 to March 15 at Ford dealerships nationwide.

Ford describes the program as one of its most anticipated retail campaigns of the year. The company says the return of March Madness expands beyond vehicle offers and now includes savings on maintenance services and accessories.

Ryan Lorenzo, Retail Product Marketing and Business Growth Director of Ford Philippines, said the campaign aims to make Ford ownership easier for both new buyers and existing customers. He said the program now includes after-sales offers to improve the ownership experience alongside vehicle promotions.

Customers who reserve a vehicle during the March 9 to 15 promo period can receive discounts of up to P200,000 on select Ranger Sport variants. Ford is also offering a P30,000 trade in subsidy for customers who plan to replace their current vehicle with a new Ford model. An additional P20,000 discount applies to the Everest, Territory Hybrid, and other Ranger variants during the same period.

The promotion also covers service appointments. Customers who schedule a periodic maintenance service during the campaign can receive a 10 percent discount on Ford parts and labor. Genuine Ford accessories are also offered with a 10 percent discount.

Ford added a raffle incentive for service customers. Those who spend at least P10,000 on parts or services during the promo period can join a draw for service vouchers worth up to P10,000 or a Ford dashcam.

Beyond the one week campaign, Ford continues its month long offers across several models. The Ranger Sport 4×2 comes with an all in deal starting at P59,000, while the Ranger XLS is available with a P99,000 all in financing package.

SUV buyers also receive financing options for the Territory Hybrid Titanium X with a P99,000 all in offer. The Everest Trend is available with a P79,000 all in package, while Everest Titanium 4×2 and 4×4 variants carry P99,000 all in financing deals.

Ford also introduced a new service bundle for Everest owners called the 5 Star Care Package. The package includes a five year scheduled service plan, five year warranty, and five year emergency roadside assistance. Ford estimates the benefits represent around P50,000 in savings. Buyers who select the package can receive a P60,000 discount on the Everest Titanium 4×4 or a P45,000 discount depending on variant availability.

The brand’s premium models also receive promotional offers. The Mustang Mach E electric SUV is available with a P500,000 discount or zero percent interest with a 50 percent down payment for 60 months. The Explorer 2.3L Limited EcoBoost carries a P1,000,000 discount or zero percent interest with a 20 percent down payment for 60 months. The Bronco Outer Banks with Sasquatch Package is offered with a P1,370,000 discount or zero percent interest under the same financing terms.

Ford Philippines said the offers run throughout March, with additional dealer specific promotions available during the March Madness week. Financing programs are available through partner banks BPI and EastWest Bank, subject to standard approval and dealership conditions.

Volvo Cars Philippines has rolled out a limited time promo on its two plug in hybrid SUVs, giving buyers a rare chance to step into electrified luxury with major savings.

Handled locally by Hariphil Asia Resources Inc. (HARI), the offer puts both the XC90 T8 and XC60 T8 Plug in Hybrid under the spotlight, each carrying a ₱500,000 discount from their respective sticker prices. The promo covers Volvo’s top tier electrified models and comes with a DTI Fair Trade Permit, making it a certified deal for buyers looking to move into hybrid ownership.

Leading the lineup is the XC90 T8 Plug in Hybrid, Volvo’s seven seater flagship SUV. With the discount applied, the model drops from its ₱5.45 million suggested retail price. Designed for families and long drives, the XC90 T8 can travel up to 77 kilometers on electric power alone before switching to hybrid mode for longer trips. This setup allows for emissions free city use while keeping fuel efficiency and performance intact on highways.

Alongside it is the XC60 T8 Plug in Hybrid, Volvo’s best selling SUV globally with more than 2.7 million units sold worldwide. Priced at ₱4.55 million before the discount, the five seater SUV offers up to 80 kilometers of electric only driving, making it suitable for daily urban use. Once the battery is depleted, the vehicle automatically shifts to hybrid operation to maintain efficiency without sacrificing responsiveness.

Both models highlight Volvo’s long standing focus on safety, comfort, and Scandinavian design, while giving buyers access to plug in hybrid technology without fully committing to a pure electric vehicle.

Interested customers can visit Volvo Cars Makati to check availability, learn more about the promo, and book a test drive. The offer is available for a limited time only, subject to terms and conditions.