Mitsubishi Motors Philippines Corp. (MMPC) is set to bring its total investments in the country to over P18.6 billion, reinforcing its long-term commitment to the...
The government prepares to launch the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program to sustain and expand local vehicle manufacturing.
It also represents...
Car makers in the Philippines are asking the government for a similar, if not the same set of incentives under the Comprehensive Automotive Resurgence...
The Board of Investments is studying whether it would allow the two participants in the extended vehicle incentives program to introduce a third model...
Car manufacturers welcomed the government’s extension of the Comprehensive Automotive Resurgence Strategy program for another five years.
“The extension of the CARS program is a...
Car parts manufacturers asked the government to release P2.6 billion worth of tax payment certificates for parts locally manufactured under the Comprehensive Automotive Resurgence...
The government is willing to extend by three years the timeline for compliance with the Comprehensive Automotive Resurgence Strategy program to give automotive assemblers...
Leading car manufacturer Toyota Motor Philippines as officially unveiled the 2020 update of its best-selling, locally made passenger car—the Toyota Vios.
The New Vios—with its...
The Trade Department said participants in the Comprehensive Automotive Resurgence Strategy program may not qualify for incentives from the government because of the poor...
Toyota Motor Philippines Corp. plans to consult with the Trade Department on the future of the Comprehensive Automotive Resurgence Strategy program as the automotive...
South Korean vehicle distributor Hyundai Asia Resources Inc. is investing P2 billion in its first Philippine assembly facility as a part of its goal...