The Ayala Corporation revealed that it has decided to exit its dealership business with Honda in the Philippines by the end of the year, bringing to an end a partnership that has been running for more than three decades. The Philippine conglomerate announced the decision jointly with the Japanese automaker’s local subsidiary, Honda Cars Philippines Inc. Ayala confirmed that its ACMobility unit has decided to transfer its Honda dealership business across the Philippines, operated by its Iconic Dealership I ...