
Originally Posted by
numbah5
Mods, please transfer to the right sub-forum if this is the wrong sub-forum.
I read in the website of Top Gear Philippines that CATS Motors' Greg Yu and MMPC Vice President for Marketing Taizo Furuhashi is asking President Aquino to curb the influx of Grey Market vehicles, especially used vehicles from Japan and America. One of their reasons is that, quoting Greg Yu, "Besides the questionable conversion from right-hand to left-hand drive, these gray-market importers have no facilities, they don't pay the correct taxes, they artificially inflate the figures of newly-registered cars in the Land Transportation Office. This has to stop as it's killing the local car industry." And I read an old issue of Top Gear while I was in Dub Unlimited this afternoon, an article about the grey market is there saying that buying from the grey market is actually safe if the port of entry is Manila, and they asked the what is the stand of CAMPI members. Lo and behold, CATS Motors will actually service and honor the warranties of grey market units.
I think they will have a hard time convincing President Aquino on this because he is a customer of the grey market. His personal Toyota Land Cruiser 200 is from the grey market as it has a sunroof and a spare tire cover at the rear