LAWMAKERS approved last Tuesday a bill designating the motor vehicle (MV) and MV-component manufacturing industry as a priority sector and including it in the country’s “strategic investment priority plan,” or “Sipp.” The Sipp is the list of sectors that are qualified for tax perks under Republic Act (RA) 11534, or…
Rearview Reflections: The Philippine automotive industry in 2023 bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
THE Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) said it is optimistic that the auto industry will achieve “full industry recovery” in 2023 as it revised its sales forecast from 395,000 to 423,000 units for the year on the back of “positive” consumer outlook. A joint report by the Campi and the Truck
The Department of Trade and Industry (DTI) is urging Mitsubishi Motors Philippines Corp. (MMPC) to enroll its Xpander model in the Comprehensive Automotive Resurgence Strategy (CARS) program. “We’re really hoping that because the Xpander is very popular, we are hoping that (MMPC) will make the next-generation Xpander in the Philippines,”…
Toyota: New light commercial vehicle inspired by Tamaraw bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.