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Auto, motorcycle, plastic makers nix tariff action vs Thailand


Auto, motorcycle, plastic makers nix tariff action vs Thailand
Louella Desiderio
© STAR/ File
Auto, motorcycle, plastic makers nix tariff action vs Thailand
MANILA, Philippines Vehicle assemblers, motorcycle manufacturers and the local plastics industry oppose the government’s plan to suspend preferential tariffs on imports from Thailand as a retaliatory measure for the latter’s non-compliance with a World Trade Organization (WTO) ruling on a cigarette case, saying the move would hurt even domestic firms and consumers.
Speaking at a public hearing yesterday for the proposed list of products for the suspension of concessions, Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) president Rommel Gutierrez said the group strongly opposes the inclusion of 32 motor vehicle tariff lines in the list of products for retaliation against Thailand. ....

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PHL auto industry closes 2020 with 275K units sold


BusinessWorld
January 18, 2021 | 12:03 am
By
Kap Maceda Aguila
THE PHILIPPINE auto industry finally puts a lid on a turbulent 2020 a year when it ended up selling 275,512 units based on reported totals from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), Association of Vehicle Importers and Distributors, Inc. (AVID), and Truck Manufacturers Association (TMA). This figure represents a hefty 40% decline from the 2019 total of 457,110 vehicles sold.
ILLUSTRATION BY: JOY D. DAGUN
CAMPI, TMA
CAMPI and TMA reported a joint sales total of 27,596 units last December growing 19.1% over the previous month’s 23,162. The December 2020 figure is 18.1% below the 33,715 units sold over the same period in 2019. ....

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Coronavirus slams PHL vehicle sales in 2020