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BOC creates condemnation committee ; but what does it do?

GAC Motor PH to increase vehicle prices due to DTI Safeguard Act

Published February 22, 2021, 3:49 PM Legado Motors, Inc., the official distributor of GAC Motor cars in the Philippines, announced that it will be increasing the prices of its whole vehicle line-up effective March 1. The price increase is being implemented after the Bureau of Customs (BoC) released a Customs Memorandum Order stating the directive of the Department of Trade and Industry (DTI) to add a tariff rate on imported vehicles. Starting March 1, Legado Motors, Inc. will set a Php 78,000 price increase to its current vehicle line-up, composed of the GA4, GS3, GS4, GN8, and the GS8. With barely a month left before the implementation of the price increase, customers may still avail of the vehicle models at their current prices.

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