PH Auto Industry In Danger?
Monday
Apr 4, 2011
With aggressive auto programs from other ASEAN countries, the Philippines auto industry is in danger of losing much of its business.
Ford Group Philippines (FGP) decision on whether to stay or not in the country depends solely on the government’s auto industry roadmap. According to FGP President, Randy Krieger, Executive Order 877-A, or the Comprehensive Motor Vehicle Development Program is crucial in their stay here.
For vehicle manufacturers to stay here, we should know what the government wants to do and is doing.
Next year, the Ford Focus manufacturing will be transferred from the PH to Thailand. The Escape and Mazda 3 will continue to be manufactured here.
[Article via: Philippine Daily Inquirer |Image via: Ford]
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