Tuesday, December 9, 2025
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Tag: Comprehensive Automotive Resurgence Strategy

Car assemblers in the Philippines seek extension of incentives program

Car makers in the Philippines are asking the government for a similar, if not the same set of incentives under the Comprehensive Automotive Resurgence...

BOI studies allowing third model under CARS program

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 support extension of incentives program

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...

Gov’t extends CARS program by five years

President Ferdinand Marcos Jr. approved the implementation of the incentives program for vehicle manufacturers by another five years, according to the Private Sector Advisory...

PH produces 207,165 vehicles under CARS

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...

Government agrees to extend car program by 3 years

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Mitsubishi PH to downsize operations, lay off workers

Mitsubishi Motors Philippines Corp., one of the two car assemblers participating in the Comprehensive Automotive Resurgence Strategy program, is scaling down its local operations...

Gov’t mulls over three-year extension of CARS program

The government is willing to extend by three years the timeline for compliance with the Comprehensive Automotive Resurgence Strategy program to give automotive assemblers...

2020 automotive sales seen falling more than 40% to 250,000 units

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Auto firms may not receive incentives under CARS program

The Trade Department said participants in the Comprehensive Automotive Resurgence Strategy program may not qualify for incentives from the government because of the poor...

Pandemic affects CARS program

Toyota Motor Philippines Corp. plans to consult with the Trade Department on the future of the Comprehensive Automotive Resurgence Strategy program as the automotive...

Govt studying another auto incentive scheme

The government is studying another incentive program to encourage automotive players to assemble at least one model per company in the country. Trade Secretary Ramon...

Toyota gears up for smart, green cars

Santa Rosa, Laguna—Toyota Motor Philippines Corporation presented to the media its high technology facilities, which were completed under the Comprehensive Automotive Resurgence Strategy (CARS)...

Mitsubishi Motors PH aims to sell 1m vehicles over the next decade

Mitsubishi Motors Philippines Corp. said it aims to sell another 1 million vehicles in the next decade despite challenges to the industry led by...
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