Monday, May 18, 2026
Today's Print

Tag: Comprehensive Automotive Resurgence Strategy

Hyundai investing P2b in PH assembly facility

South Korean vehicle distributor Hyundai  Asia Resources Inc. is investing P2 billion in its first Philippine assembly facility as a part of its goal...

DoF agrees to keep tax on small cars low

The Finance Department agreed to keep the excise tax rate on small cars low as a concession with the Trade Department which promotes the...

Mitsubishi Motors taps 25 Mirage part suppliers

The local automotive industry is pushing for the exemption of vehicles registered under the Comprehensive Automotive Resurgence Strategy  from a proposal to raise the...

Hyundai eyes Eon production under Cars scheme

Hyundai Asia Resources Inc. submitted an application to participate in the Comprehensive Automotive Resurgence Strategy scheme, with sub-compact car Eon as its entry model...

Car firms to start production

Toyota Motor Philippines Corp. and Mitsubishi Motors Philippines Corp. on Thursday welcomed the Board of Investments’ approval of their application for the Comprehensive Automotive...

Toyota, Mitsubishi move to join CARS

Toyota Motors Philippines Corp. and Mitsubishi Motors Philippines Corp. made official their interest to further invest in the Philippine automotive sector with a separate...

Mitsubishi investments

Mitsubishi Motors Philippines Corp. is investing P4.3 billion to manufacture Mirage hatchback and sedan starting 2017 to participate in the Comprehensive Automotive Resurgence Strategy...
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