Jun 282015
In a bid to boost the country’s car manufacturing sector, President Benigno S. C. Aquino III recently signed Executive Order (EO) No. 182, series of 2015, creating the Comprehensive Automotive Resurgence Strategy (CARS) Program. Prior to this new EO, EO Nos. 156 (2002) and 877-A (2010) prescribed the policies and directions governing the Motor Vehicle Development Program. To enhance these policies to further develop the domestic production of automobiles, EO No. 182 covers the manufacture not only of motor vehicles but also of motor vehicle parts.