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Fortifying its position as the country’s leading truck body builder, Centro Manufacturing Corporation showed its full force when it fielded seven of the sixteen prototypes of the modern jeepney for the government’s PUV Modernization Program at the recent Eco PUV Showcase of the Department of Industry. The showcase was a side event at the 1st […]
Local automotive parts manufacturers are expected to invest an initial P1.6 billion to cater to the growth in demand from the participants of the Comprehensive Automotive Resurgence Strategy (CARS) program. The Department of Trade and Industry (DTI) said the government was expecting an “influx of investment projects from car parts makers” as CARS required participants […]
Ayala Corp. is preparing to be a bigger player in local automotive manufacturing, ready to pour billions of pesos in an industry long dwarfed by peers in the region but henceforth seen to benefit from rising consumer affluence and new sweeteners offered by the government’s comprehensive automotive resurgence strategy (CARS) program. In a recent interview […]
For an automotive industry program that’s named after the very thing Pinoys are crazy about, it’s truly ironic that the average motorist doesn’t seem to “connect” with it. A big part of that disconnect may have stemmed from the program being explained from a pure business standpoint—the kind of explanations coming from men in fancy suits and ties lugging laptops and showing fancy PowerPoint presentations.