Inchcape Philippines, through one of its retail arms, ICATS Asian Motors Inc., and Mazda Philippines (Bermaz Auto Philippines Inc.), announced that ICATS Asian Motors Inc. has entered into an agreement to sell its Mazda Pasig C5 retail operations to Bermaz Auto Philippines Inc., effective 1 August 2026.

Throughout the transition period, ICATS Asian Motors and Bermaz Auto Philippines will work closely together to support continuity for customers, partners, and employees and to ensure a seamless transition of the Mazda Pasig C5 retail operations in Metro Manila.

For Inchcape Philippines, the move to sell the retail business is part of its disciplined and strategic approach to active portfolio management, ensuring the business remains focused on the brands, capabilities and market opportunities best aligned with its long-term strategic priorities in the Philippines.

“This transition reflects a shared commitment to ensuring continuity for customers, partners and employees while supporting the ongoing success of the Mazda brand in the Philippines. For Inchcape, it is also consistent with our disciplined approach to portfolio management, allowing us to focus our resources on opportunities that best align with our long-term strategic priorities,” said Alex Hammett, Managing Director, South Asia & Pacific for Inchcape Philippines.

Meanwhile, Bermaz Auto Philippines said the transition reflects its commitment to the Mazda brand, the dealership network, and most importantly, the Mazda customers and its intention to support the brand's next chapter in the Philippine market.

“We appreciate the partnership with Inchcape Philippines in supporting this transition and are committed to ensuring continuity for customers, partners and employees. We look forward to continue building on Mazda's presence in the market and supporting the brand's continued development in the Philippines,” said Steven Tan, CEO & president, Mazda Philippines.

Both Inchcape and Mazda Philippines remain focused on ensuring a smooth transition process, with further details to be shared with relevant stakeholders as plans are finalized.