Tag page - LCVs

Trade and Industry Secretary Ramon M. Lopez has signed an order to stop the imposition of safeguard duty on imported completely built up (CBU) passenger cars and imported CBU light commercial vehicles (LCVs). Lopez  signed the order last Friday, August 6, dismissing the case filed by the...

Domestic vehicle parts manufacturers have strongly urged government to sustain its support for the CARS (Comprehensive Automotive Resurgence Strategic) Program as they lost their fight for tariff protection on locally produced motor vehicles and to save local jobs, blaming it to “bullying and...

The implementation of the safeguard measure on imported completely built-up (CBU) passenger cars and light commercial vehicles (LCVs) is expected to stunt industry growth, pulling back by five years or to 2016 level as sales are projected to hit 397,000 units only by 2025 instead of 439,000 units...

Domestic automotive parts manufacturers and workers stood behind the Department of Trade and Industry’s (DTI) decision to impose provisional safeguard measure on imported completely built-up (CBU) cars and light commercial vehicles (LCVs) as a step that will arrest further decline in local auto...