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Showing posts with label DTI. Show all posts
Showing posts with label DTI. Show all posts

May 20, 2024

Cheaper Hybrids Set To Arrive? Philippine Government Expands Zero Tariff Coverage


Despite push back from the Department of Trade and Industry (DTI), the National Economic and Development Authority (NEDA) extended its zero-tariff policy to cover hybrids (HEVs) and plug-in hybrids (PHEVs) until 2028 in a bid to wean the country away from fossil fuels and boost its electrified vehicles market.

May 2, 2023

Electric Vehicle Association Supports DTI Position On Zero Tariffs For EVs


According to Edmund Araga, President of the Electric Vehicle Association of the Philippines (EVAP), the association has been working tirelessly to promote and advance the adoption of electric vehicles (EVs) in the country. However, there has been a misconception that EVAP does not support the Department of Trade and Industry’s (DTI) position of scrapping import tariffs for two-wheel electric-motorcycles. In reality, EVAP has been pushing for all EVs to be zero tariff, including two-wheel vehicles except for e-jeeps and e-trikes which have local manufacturing and assembly in country.

February 25, 2023

BYD May Enter The Philippines As A Car Manufacturer


The Philippines is courting for a new carmaker to setup shop locally. According to Department of Trade and Industry (DTI) Undersecretary Ceferino Rodolfo the country along with Vietnam and Indonesia are competing to secure a second EV assembly plant for China’s BYD.

November 26, 2021

Toyota Motor PH Awarded For Highest Total Quality


Toyota Motor Philippines Corporation (TMP) was honored with the 2019 Philippine Quality Award (PQA) for Performance Excellence by the National Government through the Department of Trade and Industry (DTI). The country’s leading automotive company attained the PQA Level 4, the highest level of national recognition for exemplary organizational performance in Total Quality Management (TQM).

August 30, 2021

PMVICs Do Not Conform To Lawful Intent And Purpose Of Clean Air Act


The Coalition of Clean Air Advocates of the Philippines (CCAAP), a multi-sectoral organization composed of environmental advocates and transport groups, shared what they think is behind the Department of Transportation (DOTr)’s messy implementation of the Private Motor Vehicle Inspection Service or PMVIS.

August 14, 2021

Expecting Your DTI Safeguard Bond Refund? Not So Fast


With the DTI junking the safeguard duty on imported cars and light commercial vehicles effective August 12, 2021, carmakers have stopped collecting the so-called safeguard bond. While those who have collected them starting February of this year have started releasing advisories on how they intend to give the monetary bond back to customers.

August 13, 2021

Thanks To DTI Junking The Safeguard Bond, Nissan PH Brings Down The Navara's Price


Nissan Philippines announces that it will be adjusting the standard retail price of the recently launched Navara.

August 9, 2021

DTI Set To Remove Safeguard Bond On Imported Cars, Light Commercial Vehicles


The Department of Trade and Industry (DTI) will soon stop the imposition of the safeguard duty on imported completely built-up passenger cars and light commercial vehicles. The order was signed last Friday, August 6 by Secretary Ramon Lopez.

May 12, 2021

PH Government Offering Tax Incentives For Hyundai To Locally Manufacture Ioniq Hybrid


The Philippine government is eyeing Hyundai to assemble the Ioniq Hybrid in the Philippines. This was after the DTI’s Board of Investments met with the Embassy of the Republic of Korea in the Philippines, the Embassy of the Republic of the Philippines in South Korea, and the DTI’s Foreign Trade Service Corps.

March 12, 2021

Mazda3, MX-5 Hit by DTI Safeguard Tariff


Mazda Philippines is the latest car manufacturer to announce the effect of the DTI’s Safeguard Duty, but unlike other brands, it will so far affect just two models: the Mazda3 and MX-5.

March 3, 2021

Chery Auto PH Backpedals on Price Increase


In what could be the oddest pricing move in the local automotive industry, Chery Auto Philippines has decided to backtrack on its planned price increase brought on by the DTI’s safeguard tariff.

In Order to Spur Its Auto Industry, Indonesia Cuts Luxury Tax on New Cars to Zero Percent


This is a tale of two countries trying to recover from the economic slowdown brought on by COVID-19.

March 2, 2021

Geely PH Now Says They're Holding Their Prices Until April


After setting off a chain reaction wherein several other carmakers have begun to increase their prices due to the DTI safeguard tariff, including its rivals Chery and GAC Motor, Sojitz G Auto Philippines, the official distributor of Geely vehicles in the country backs off its price increase at least for this month. 

Mitsubishi PH Also Requiring Additional Cash Deposit for Xpander, Montero Sport, and Strada Models Due to Safeguard Tariff


Mitsubishi Motors Philippines Corporation (MMPC) joins other Japanese carmakers like Toyota and Isuzu in requiring an additional cash deposit when purchasing selected vehicles due to the implementation of the DTI’s safeguard tariff.

Ford PH Bumps Up Prices of Ranger, Territory Due to DTI Safeguard


Ford is the latest car manufacturer to bump up its prices thanks to the implementation of the DTI safeguard tariff. Effective this March 1, 2021, selected models have seen modest price increases.

March 1, 2021

You'll Need to Pay an Additional P78k Security Deposit When You Buy a Chery


Update: Chery Auto PH has deferred any collection of DTI safeguard duty to April (3/12).

Addressing consumer concerns about higher prices resulting from the safeguard duties on imported automobiles, Chery Auto Philippines has announced the new prices for its line of Tiggo crossovers and SUVs.

February 25, 2021

DTI Adds More Countries Exempted from Automotive Safeguard Duties


The Department of Trade and Industry (DTI) has amended its safeguard duty to include more exempted countries.

All-New Isuzu D-Max, mu-X Hit by DTI Safeguard Tariff


Isuzu Philippines is the latest automaker to announce moves surrounding the DTI’s provisionary safeguard duty. And similar to Toyota’s lead, they will be issuing refundable deposits effective March 1, 2021.