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The CARS Program was implemented by the Department of Trade and Industry in order to attract and encourage new car companies to produce vehicles in the Philippines [ 15 ] and stimulate demand and impose industry regulations that will restore the country's automotive industry, and make the country a regional automotive manufacturing hub, [ 16 ...
Car makers frequently arbitrage markets, setting the price according to local market conditions so the same vehicle will have different real prices in different territories. Grey import vehicles circumvent this profit -maximization strategy. Car makers and local distributors sometimes regard grey imports as a threat to their network of franchised dealerships, but independent distributors do ...
Sarao Motors, Inc. is a Filipino automotive manufacturing company headquartered in Las Piñas, Metro Manila, the Philippines. The company specializes in designing, engineering, manufacturing, and distributing the jeepney, the most popular mode of public transportation in the country, known as the "king of the road" in the Philippines. [2][3]
Japanese used vehicle exporting is a grey market international trade involving the export of used cars and other vehicles from Japan to other markets around the world since the 1980s. Despite the high cost of transport, the sale of used cars and other vehicles to other countries is still profitable due to the relatively low cost and good ...
Vehicle registration plates in the Philippines, commonly known as license plates (Filipino: plaka), are issued and regulated by the Land Transportation Office (LTO), a government agency under the Department of Transportation (DOTr).
List of Ford vehicles Ford Motor Company sells a broad range of vehicles under the Ford marque worldwide. The following list does not include other marques owned or formerly owned by Ford, such as Lincoln, Mercury, Edsel and Merkur.
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