Isuzu warns it may follow Ford's lead, shut down PH assembly business

[timrev]

kung lilipat narin ang isuzu...dapat kugn anu yun labas sa thailand labas din sana agad dito pinas...pero i hope di matuloy paglipat nila masamang ipekto yan sa economy natin

[niky]

Having a 15k unit capacity plant in a country where you're lucky to sell 1000k of anything that is not a Vios is pointless... Especially if you already have plants in Thaikand and Indonesia exporting to Malaysia and Vietnam,

[niky]

Electricity, labor costs. Extraneous labor costs such as SSS, labor claims, unions, etcetera. Red tape... some of the longest and most difficult business permit and environ,ental permit procedures in the world... before you get to the part where you're asked for grease money. Taxes. Etcetera.

[niky]

Automotive... Definitely not worth it. But electronics and subcomponents can be done here, because our technical labor skills and e lower cost of shipping small items make it worthwhile.

We have been a local hub for semiconductors and electronics for the past decade... And other manufacturers who require precision work have moved here... like Bandai...

But wholesale assembly of big, heavy items like cars... Doesn't work. Not easily. Cars MUST be built where shipping costs to other markets are favorable or where the local market is robust enoug to absorb production. The Philippines just isn't that place.

[Bogeyman]

And other manufacturers who require precision work have moved here... like Bandai...

Hell, YES! Don't know if this will translate to lower prices of their Gunpla kits, though. :D

[niky]

1b yen equals $13m.

The loss of Ford means we've lost a manufacturer who spent 39 BILLION yen in capital on their plant.

The 16.5 billion yen in new investments stated in the article for the year is less than the cost of one of ford's plants in Thailand. And it has several.

Wondering at the 2m yen investment by one of the printer companies... That's just a million pesos or so. What did they buy with that? A printing and cutting machine for cartridge packaging?

[Monseratto]

1b yen equals $13m.

The loss of Ford means we've lost a manufacturer who spent 39 BILLION yen in capital on their plant.

The 16.5 billion yen in new investments stated in the article for the year is less than the cost of one of ford's plants in Thailand. And it has several.

Wondering at the 2m yen investment by one of the printer companies... That's just a million pesos or so. What did they buy with that? A printing and cutting machine for cartridge packaging?

Billions and hundred millions sounds better in a press release. Bandai's 744 million yen is only US$ 9 million dollars, doesn't really ring bells in the business page...