Local Car Firms Ask Government to Lower Excise Tax

The local auto industry is asking the government to help local car manufacturers by lowering excise taxes, making permanent investment incentives and buying locally assembled vehicles.

In a press briefing on Thursday, Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) president Elizabeth H. Lee said there is a need to strengthen the completely knocked down (CKD) business because it is where the jobs are.

Lee estimated that the auto industry supports half a million families as it employs 74,000 workers. Read more

More Info on the 2nd Philippine International Motor Show Released

Following an official press conference held recently at the Makati Shangri-La Hotel, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) officially released the Fact Sheet for the forthcoming 2nd Philippine International Motor Show.

The Event

The 2nd Philippine International Motor Show slated on August 21 to 24, 2008 at the World Trade Center Metro Manila, Pasay City comes on the heels of last year’s successful motor show event that showcased the newest breed of passenger cars, SUVs, and commercial vehicles from local auto manufacturers and distributors. Read more