THE Department of Trade and Industry (DTI) hopes to reach an agreement this month with the Department of Finance (DoF) on further revisions to the government’s proposal to raise the excise tax rates on automobiles.
Jan 042017
Dec 072016
CAR manufacturing is not expected to suffer from automobile and oil excise tax increases starting 2018, with fiscal incentives for the industry continuing to to be effective,the Department of Finance (DoF) said.
Jan 192016
THE PHILIPPINE Parts Maker Association expects local sales of vehicle parts and accessories to double to P240 billion by 2017 under the government’s Comprehensive Automotive Resurgence Strategy (CARS) program.
Jan 142016
THE DEPARTMENT of Trade and Industry (DTI) expects to announce by mid-year the three car companies that qualified for the incentives offered by the government’s Comprehensive Automotive Resurgence Strategy (CARS) program.