3/14/2023 0 Comments Kia dmg contributionThe Philippine automobile industry consists of two sectors: motor vehicle assembly and vehicle parts and components manufacturing. In addition, there are also a small number of independent firms who assemble and fabricate jeepneys and other similar vehicles, using surplus engines and drivetrain parts mostly from Japan. The automobile production in the country is covered under the Philippine Motor Vehicle Development Program being implemented by the Board of Investments. Most of the vehicles sold and built in the Philippines are from foreign brands, for the most part, the Philippines is dominated by Japanese automobile manufacturers like most of its ASEAN neighbors. The automotive industry in the Philippines is the 9th largest in the Asia-Pacific region, with approximately 273.4 thousand vehicles sold in 2019. Production started in 1987, and again since 2019. The Mitsubishi 元00 has the longest vehicle production run in the Philippines under a single generation.
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