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  1. Join Date
    Sep 2003
    Posts
    25,189
    #1
    BOI fined HARI P1 billion for the violation, aside from its suspension. Affected units are Eon and their commercial H350...

    BOI cancels Hyundai PH MVDP registration | Malaya Business Insight

    He said the BOI was not satisfied with HARI’s explanation. A team from the BOI inspected HARI’s shipments and its findings led to the suspension of its registration.

    As opposed to a CKD kit which needs further assembly, an SKD simply needs wheels and battery and is almost a completely built up unit.

    CBUs are with 20 percent tariff while a CKD e pays only 1 percent in duty.

    In the case of HARI, Lopez said its SKD imports came in complete with vehicle identification numbers.
    http://www.autoindustriya.com/auto-i...ilippines.html

  2. Join Date
    Sep 2015
    Posts
    13,917
    #2
    yan ang tunay na violation..... bilyones....

    Bigat nyan.

  3. Join Date
    Nov 2005
    Posts
    45,927
    #3
    niloko kasi nila ang gobyerno

    pinalalabas nila ckd units nila para mababa tax babayaran para competitive selling price

    eh mga hyundai buo dumadating pano naging ckd yan

  4. Join Date
    Aug 2009
    Posts
    1,117
    #4
    Quote Originally Posted by uls View Post
    niloko kasi nila ang gobyerno

    pinalalabas nila ckd units nila para mababa tax babayaran para competitive selling price

    eh mga hyundai buo dumadating pano naging ckd yan
    SKD daw boss kasi yung radio dito na nilalagay. Hehe

  5. Join Date
    Feb 2008
    Posts
    9,431
    #5
    gusto ko makita anong penalty gagawin nila sa HARI. technical smuggling ginawa. meron pang "new plant", e nangyari ngayon naging warehouse lang pala para kabitan ng gulong and battery.

  6. Join Date
    Jun 2012
    Posts
    4,447
    #6
    Una pa lang duda na ko dito sa hari e. Di sila tulad ng toyota at mitsubishi na yung mga hapon ang nagmamanage. So talagang palpak yan

    Sent from my SM-A9000 using Tapatalk

  7. Join Date
    Jul 2007
    Posts
    57,770
    #7
    Wow. I can't believe that a large company would do such kalokohan.

    Sent from my GT-N7100 using Tapatalk

  8. Join Date
    Dec 2005
    Posts
    39,174
    #8

    Get that P1B!!! Fast!

    At bawasan na ang EVAT... hehe

    At bawasan na rin ang income tax.... hehe

    Sarap mangarap.... haha!



    _/_/_/
    "The measure of a man is what he does with power" LJIOHF!

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  9. Join Date
    Apr 2014
    Posts
    473
    #9
    Greedy HARI

    Sent from my MI 5 using Tapatalk

  10. Join Date
    Jul 2006
    Posts
    8,555
    #10
    Matagal na ginagawa ng UMC/HARI yan.

    I guess the grease money wasn't enough this time.

    The Mitsubishi and Toyota guys must be throwing high 5's in the air right now.

    Last edited by lowslowbenz; June 28th, 2017 at 02:48 PM.

  11. Join Date
    Oct 2012
    Posts
    27,624
    #11
    damn the greedy bastards...

    Sent from my SM-G935F using Tsikot Forums mobile app

  12. Join Date
    Mar 2004
    Posts
    10,314
    #12
    Quote Originally Posted by lowslowbenz View Post
    Matagal na ginagawa ng UMC/HARI yan. I guess the grease money wasn't enough this time. The Mitsubishi and Toyota guys must be throwing high 5's in the air right now.

    The Japanese manufacturers have been complaining about the Koreans for quite a while already ... it's possible that the one put in charge this time does not accept or stopped accepting grease money ...

    The 1B is not a fine ... it's the incentives that were given to assemblers that they are required to return to the government ...
    Last edited by Walter; June 29th, 2017 at 07:20 AM.

  13. Join Date
    Feb 2008
    Posts
    12,683
    #13
    Quote Originally Posted by Walter View Post
    The Japanese manufacturers have been complaining about the Koreans for quite a while already ... it's possible that the one put in charge this time does not accept or stopped accepting grease money ...

    The 1B is not a fine ... it's the incentives that were given to assemblers that they are required to return to the government ...
    Will this affect hyndai gray market?

    Sent from my SM-N910C using Tapatalk

  14. Join Date
    Aug 2004
    Posts
    22,702
    #14
    This is nuts. I'm pretty sure the understanding on all sides was CKD assembly, not SKD. And when I passed the plant, what I saw were bodies in white stacked in the sun.

    Hope they can come to a resolution. Lots of jobs stand to be affected by this.

    Quote Originally Posted by dreamur View Post
    Will this affect hyndai gray market?

    Sent from my SM-N910C using Tapatalk
    Shouldn't.

    Ang pagbalik ng comeback...

  15. Join Date
    Jul 2009
    Posts
    2,628
    #15
    I was under the impression that all hyundais here coming from batangas are CBUs built in Korea. Even the stickers on the side windows of hyundais and kia's say "made in korea".

  16. Join Date
    Nov 2005
    Posts
    45,927
    #16
    simple really

    Hyundai HQ does not have an assembly plant in the Phils.

    So why would they send knocked-down units to the Phils. for assembly


    i don't see PHILIPPINES here: Manufacturing | Networks | About Hyundai - Hyundai Worldwide

  17. Join Date
    Jun 2017
    Posts
    299
    #17
    HARI really is greedy, apart from stripping their units down to bare minimum, they even have the gall to steal money (taxes) intended for the people!

    And how come the mainstream news outlets are not reporting this?

  18. Join Date
    Mar 2008
    Posts
    54,627
    #18
    Quote Originally Posted by Trippin View Post
    HARI really is greedy, apart from stripping their units down to bare minimum, they even have the gall to steal money (taxes) intended for the people!

    And how come the mainstream news outlets are not reporting this?
    well, the practice of stripping the cars is not unique to hari. "just look at the cars we have here, and their equivalents elsewhere."

    and avoiding paying taxes, is extremely common, if i may harshly suggest.

    i heard it fresh from dzmm.
    we probably wanted it in screaming headlines everywhere, 'cause we are car aficionadoes. alas, there were other deemed-more-news-worthy items that overshadowed it that day.

    conicidentally, a popular auto publication just recently included the eon as one model that was assembled (manufactured?) locally. i wonder now, how this ruling will affect its price now.

    as an aside, this CKD versus SKD is nothing new. it was already an issue back in the 70s.
    Last edited by dr. d; July 2nd, 2017 at 09:04 AM.

  19. Join Date
    Apr 2014
    Posts
    5,246
    #19
    If it is not on the headlines, that means HARI paid good money to keep this down.

    Sa requirements ng govt, mitsu at toyota lang talaga ang kaya mag produce ng x amount of vehicles dahil mataas ang demand nila dito.

    HARI just got greedy and got caught.

  20. Join Date
    Aug 2004
    Posts
    22,702
    #20
    Quote Originally Posted by dr. d View Post
    well, the practice of stripping the cars is not unique to hari. "just look at the cars we have here, and their equivalents elsewhere."

    and avoiding paying taxes, is extremely common, if i may harshly suggest.

    i heard it fresh from dzmm.
    we probably wanted it in screaming headlines everywhere, 'cause we are car aficionadoes. alas, there were other deemed-more-news-worthy items that overshadowed it that day.

    conicidentally, a popular auto publication just recently included the eon as one model that was assembled (manufactured?) locally. i wonder now, how this ruling will affect its price now.

    as an aside, this CKD versus SKD is nothing new. it was already an issue back in the 70s.
    Well... maybe we should publish an erratum?

    -

    As for headlines, hmm... I don't know. Will talk to some friends to see how many know about this... I'm just the technical guy, I don't usually post industry news.

    Ang pagbalik ng comeback...

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BOI cancels Hyundai PH MVDP registration