Tag: #CARS
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Cars contribute to climate change — UNIDO PH
Majority of vehicles being used today highly contribute to climate change, the United Nations Industrial Development Organization (UNIDO) said Thursday, Sep. 16, as it also warned of its harmful effects.
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Release of P2.6-B CARS tax incentives claims sought
Participants and domestic autoparts manufacturers in the Comprehensive Automotive Resurgence Strategy (CARS) program expect to receive an estimated P2.6 billion in fiscal tax incentive claims.
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Sustained support for CARS Program pushed
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 lobbying” by the big global motor vehicle companies.
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Why car nicknames like ‘Macho Machine’ need a comeback
Every car nut worth his salt knows what a ‘Macho Machine’ is. It was the nickname given to the ’79-‘82 Toyota Corona Coupe. Yet could these shorter, catchier nicknames of the past be a powerful marketing tool today?
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CARS participants behind production schedule
CARS (Comprehensive Automotive Resurgence Program Participants) Program participants Mitsubishi Motors Philippines Corp. (MMPC) and Toyota Motor Philippines (TMP) are still behind in the production volume commitment of their enrolled models.
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LTO is changing vehicle certificate of registration
The Land Transportation Office (LTO) is overhauling the size and look of the vehicle Certificate of Registration (CR) in order to be more compliant with new systems and classifications.
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Toyota to operate P4.5B Batangas logistics hub in Q4
Toyota wants to ensure that customers all over the Philippines get a high quality vehicle, and is investing in a P4.5-billion Batangas Vehicle Logistics Hub this year to more efficiently distribute vehicles.
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Toyota urges Filipinos to buy PH made cars
Automotive leader Toyota Motor Philippines (TMP) has urged Filipinos to patronize locally produced vehicles as it supports government efforts to promote local car production even turning bullish with 30 percent recovery growth on sales and the operation of its P4.5-billion new logistics hub in Batangas in the last quarter this year.
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PH lists 37 Thai exports that may lose tariff concessions
The Philippines’ Tariff Commission (TC) has set a public hearing on wide ranging product categories totaling 37 tariff lines, including rice, corn, cars, motor vehicle parts, chemicals, and cement imported from Thailand which tariff concessions may be suspended in retaliation to Thailand’s refusal to align the cigarette tax it imposed on Philippine tobacco.
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Safeguard duty versus imported cars seen soon
The Department of Trade and Industry (DTI) is finalizing its report on its investigation on the surge in the importation of motor vehicles into the country, indicating that government is on its way towards the imposition of safeguard measure against imported cars to protect the domestic industry from the onslaught of imports.
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Why car guys should care about the Pantone Color of the Year
Pantone has just announced the colors of the year. We explain how this affects the cars you will buy in the future.
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TMP bats for primacy of local production
Toyota Motor Philippines (TMP), the country’s largest car company, has acknowledged that while it continued to import vehicles to meet local demand it also said that producing vehicles locally is an even more essential part of the economic recovery efforts of the government.
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Gov’t urged to buy locally manufactured vehicles
The Philippine Metalworkers Alliance (PMA), a union of automotive, electronics, steel and iron steel workers, has urged the government to mandate agencies to purchase locally manufactured vehicles and raise local component requirement to 100 percent from 40 percent and control entry of imported cars to support the state-sponsored Comprehensive Automotive Resurgence Strategy (CARS) Program to preserve industry jobs.