SUBIC BAY FREEPORT—Toyota Subic Inc. will start construction of its P150-million multi-level showroom and service center following the groundbreaking of its 10,000-square meter facility in this premier freeport.
“If there is anything that we can help you with, don’t hesitate. There are a lot of other business opportunities, and we hope to do more business with you,” Subic Bay Metropolitan Authority Administrator Wilma T. Eisma told TSI during the ceremony at the Subic Gateway District, where the facility will rise.
TSI chairman Dr. David Go said he is confident that with SBMA as partner, their new endeavor in Subic “will be able to sail progressively against any tide.”
“Opening a new facility is always paved with many difficulties. Nothing really is ever easy at the start, even with a product with key competitive advantages of quality, affordability, and worry-free ownership,” Go said.
“It is still backed up with required huge capital funding, strategic location, state-of-the-art facilities, and exemplary employees,” he added.
A joint partnership between GT Capital Auto Dealership Holdings Inc. and JBT Global Holdings Inc., TSI together with its automotive mother company, Toyota Motor Philippines Corp., is expected to be fully operational on or before December this year.
Jose B. Tan Jr., president of TSI, said Toyota is the top-selling brand for passenger and commercial vehicles in the country since 2002.
“Toyota holds a 40-percent share of the Philippine market as of December 2016, with a unique and distinguished dealership personality that our customers enjoy exploring,” he said.
TSI is the seventh dealership facility under the company, with the ongoing construction of its sixth facility in Tuguegarao City.