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  1. Join Date
    Jan 2003
    Posts
    1,973
    #1
    from top gear phils web site Banning 10-year-old cars eyed as one way to spur industry growth - News | TopGear.com.ph

    In the wake of the recession that struck the United States in 2008 and forced the federal government to bail out both General Motors and Chrysler, the colloquially known "Cash for Clunkers" program was pushed to save thousands of jobs and spur the growth of the American auto industry.

    Well, it seems the Board of Investments is planning something similar for the Philippine market, as revealed by BOI executive director Lucita Reyes at the recently held "Usapan AAP," a monthly industry forum organized by the Automobile Association Philippines.

    According to Reyes, BOI is currently working with local carmakers and distributors to create a "road map" that would make it feasible to grow the local car-assembly industry even further without reducing the excise taxes placed on the assembled vehicles.

    Unfortunately for used-car owners, one measure being looked at is to phase out vehicles that are at least 10 years old. Citing figures provided by the Land Transportation Office, Reyes claimed that of the 3.1 million vehicles currently registered with the agency, approximately 1.7 million are vehicles that are already more than a decade old.

    Reyes also added that, beside stimulating local sales, replacing the older vehicles with new ones is good for the environment, thanks to fuel-efficient systems that new cars are equipped with.

    Unlike the United States government, which subsidized the cost of the new cars in exchange for the old ones, Reyes pointed out that it will be up to the car assemblers to establish a "buy-back" program for their old models in exchange for a customer's purchase of a brand-new one.

    Do you agree with the idea, or do you find it so objectionable you don't even know where to begin in expressing your opinion?
    Last edited by ghosthunter; February 9th, 2013 at 09:41 AM.

  2. Join Date
    Jan 2003
    Posts
    1,973
    #2
    so kung ipipilit nila ito... kasama ba mga jeep, taxi at bus???

    THE LAW APPLIES TO ALL OR TO NONE AT ALL

  3. Join Date
    Nov 2010
    Posts
    24,726
    #3
    Quote Originally Posted by impulzz View Post
    from top gear phils web site Banning 10-year-old cars eyed as one way to spur industry growth - News | TopGear.com.ph

    In the wake of the recession that struck the United States in 2008 and forced the federal government to bail out both General Motors and Chrysler, the colloquially known "Cash for Clunkers" program was pushed to save thousands of jobs and spur the growth of the American auto industry.

    Well, it seems the Board of Investments is planning something similar for the Philippine market, as revealed by BOI executive director Lucita Reyes at the recently held "Usapan AAP," a monthly industry forum organized by the Automobile Association Philippines.

    According to Reyes, BOI is currently working with local carmakers and distributors to create a "road map" that would make it feasible to grow the local car-assembly industry even further without reducing the excise taxes placed on the assembled vehicles.

    Unfortunately for used-car owners, one measure being looked at is to phase out vehicles that are at least 10 years old. Citing figures provided by the Land Transportation Office, Reyes claimed that of the 3.1 million vehicles currently registered with the agency, approximately 1.7 million are vehicles that are already more than a decade old.

    Reyes also added that, beside stimulating local sales, replacing the older vehicles with new ones is good for the environment, thanks to fuel-efficient systems that new cars are equipped with.

    Unlike the United States government, which subsidized the cost of the new cars in exchange for the old ones, Reyes pointed out that it will be up to the car assemblers to establish a "buy-back" program for their old models in exchange for a customer's purchase of a brand-new one.

    Do you agree with the idea, or do you find it so objectionable you don't even know where to begin in expressing your opinion?
    Brenda already submitted a law regarding this diba. Wala mangyayari dito. 90% of businesses ata are using converted 1990's isuzu forwards/elf eh. hehe

    Tapos dagdag mo pa mga taxi, jeepneys na jurassic na. Malabo yan.

  4. Join Date
    Oct 2002
    Posts
    6,385
    #4
    Maybe they can start with implementing a 20 year old ban. I mean REALLY implementing it to strictly include public utilities and government vehicles other than just the usual private vehicles. And then move on to the 15 then the 10 year old vehicles.

  5. Join Date
    Oct 2011
    Posts
    26,787
    #5
    sa 1st world lang applicable ito.

  6. Join Date
    Nov 2005
    Posts
    45,927
    #6
    ban 10 yr old cars?

    oh no! paano na mga SiR?!

  7. Join Date
    Jul 2008
    Posts
    1,889
    #7
    Unahin nila mga smugglers. P-ina baka gusto nila ng civil war!

  8. Join Date
    Mar 2010
    Posts
    157
    #8
    Malabo... Kawawa naman si Vanette, 19 years old na.

  9. Join Date
    Oct 2012
    Posts
    1,465
    #9
    naku lagot b13 ko.

  10. Join Date
    Nov 2008
    Posts
    4,642
    #10
    Quote Originally Posted by uls View Post
    ban 10 yr old cars?

    oh no! paano na mga SiR?!
    Exactly hahaha!

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Banning 10-year-old cars eyed as one way to spur industry growth