The Philippine Parts Makers Association (PPMA) on Sunday welcomed the government decision to secure P4.32 billion in funding for the Comprehensive Automotive Resurgence Strategy...
The Electric Vehicle Association of the Philippines (EVAP) has thrown its support behind renewed calls to reinstate funding for the Comprehensive Automotive Resurgence Strategy...
Mitsubishi Motors Philippines Corp. (MMPC) and the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) on Friday expressed concern over policy consistency after...
The future of Philippine vehicle manufacturing has been thrown into some uncertainty after President Ferdinand “Bongbong” Marcos Jr. vetoed the proposed P4.32 billion budget...
The Philippine Parts Makers Association urged immediate talks with policymakers after President Ferdinand Marcos Jr. vetoed a proposed P4.32 billion budget for the Comprehensive...
The Board of Investments has flagged approximately P4.98 billion in unfunded tax payment certificates and production incentives under the government’s Comprehensive Automotive Resurgence Strategy...
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...
President Ferdinand Marcos Jr. approved the implementation of the incentives program for vehicle manufacturers by another five years, according to the Private Sector Advisory...
Locally-produced vehicles under the Comprehensive Automotive Resurgence Strategy program reached more than 200,000 since 2016, the Department of Trade and Industry said Wednesday.
The country...
Mitsubishi Motors Philippines Corp., one of the two car assemblers participating in the Comprehensive Automotive Resurgence Strategy program, is scaling down its local operations...
The government is willing to extend by three years the timeline for compliance with the Comprehensive Automotive Resurgence Strategy program to give automotive assemblers...
