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Tsikot Member Rank 2
- Join Date
- Aug 2007
- Posts
- 675
November 5th, 2007 11:18 PM #11[quote=jpdm;926923]The problem exists in the price. Porsche, and other small european car makers are profit engines because their cars are more expensive than mass produced vehicles. In europe, hand made vehicles are given respect and are priced higher. In the Philippines, Philippine hand made vehicles are not well respected and have LOWER selling prices. In the jeepneys for instance, manufacturers earn as little as P20k per jeepney. That's not much considering the amount of work and craftmanship placed into each vehicle. It'll also mean that R&D suffers kaya we often end up having the same old technology in our vehicles.
Tentative price increase from removal of the pickup tax exemption leaked:
Toyota Hilux (9th Gen)