The government must give more incentives to encourage local carmakers to manufacture more vehicles locally, Isuzu Philippines Corp. president Keiji Takeda said recently.
“We hope that the local industry will grow and this will happen if more car makers manufacture their vehicles here,” Takeda said.
Manufacturing vehicles locally brings in additional investments from the car companies not to mention the number of jobs it generates.
For Isuzu, Takeda said that 85 percent to 90 percent of the vehicles they sell are produced locally.
The capacity of the local plant is at 15,000 units per year. However, it only produces 9,000 vehicles.
Meanwhile, Toyota Motor Philippines (TMP) said the government needs to give more perks to companies going green like importing hybrid vehicles. TMP president Hiroshi Ito said it is very costly to import hybrid vehicles. “The government needs to give incentives.”
According to Ito, they have not formally asked the Board of Investments (BOI) for incentives for importing hybrid cars but said Toyota is willing to spearhead the move to get more perks for being environmental friendly.
Ito said should Toyota decide to sell hybrid vehicles in the Philippines, the price will be similar to other countries. However, he said the cost of importation would definitely increase the prices because right now it is very expensive.
“There is a demand,” Ito said. He said they are projecting to sell 50 units per month should Toyota finally decide to sell hybrid vehicles in the country.
However, Ito cleared that there is still no time frame for hybrid sales here.
“There are concrete plans (to bring hybrid vehicles in the Philippines) but it has not yet been finalized,” Ito explained.
“The product is not yet ready,” he added. Ito said one of the reasons why they haven’t brought in hybrid cars are the road conditions.
Ito said there are a lot of roads here that are not suitable for hybrid cars. He noted that hybrids should not be brought in rough roads.–Ma. Elisa P. Osorio, Philippine Star
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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