Arroyo, President of the Philippines, said in a visit to Hubei on the 23rd that he hopes to import middle- and low-range cars produced by China Dongfeng Motor Corporation as soon as possible to prevent low-income families from importing used cars and solve the problem of buying cars for low-income people.
Arroyo told the main person in charge of Dongfeng Automobile that it is still difficult for some low-income families in the Philippines to buy expensive cars. Therefore, the government hopes to import new cars suitable for low-income families. Dongfeng Motor Company has medium and low-end models suitable for low-income families. This has a large consumer market in the Philippines and has huge market potential.
She believes that the import of affordable cars for low-income families will not only solve the people's problem of buying cars, but also help prevent the import of used cars, reduce some people's complaints about buying used cars, and provide more for the unemployed. job opportunity.
Arroyo said that Hubei has advantages in automobile manufacturing and Philippine auto parts manufacturing is very developed. He hopes to see the first batch of cars imported from Dongfeng Motor as soon as possible, and also hopes that Hubei automobile manufacturers can purchase cars produced in the Philippines. Parts.
Tong Dongcheng, deputy general manager of Dongfeng Motor Co., said that it has plans to export vehicles to the Philippines. The next step will be further negotiations with the Chinese Chamber of Commerce in the Philippines to speed up more in-depth cooperation between the two sides. At the same time, we are very much looking forward to the Philippine government's introduction of supporting policies for the automotive industry, which will make mutual cooperation more clear.
In recent years, a large number of imported cheap used cars have flooded the domestic automotive market in the Philippines, which has caused the slow development of the automotive industry in the Philippines. In order to encourage the development of the automobile industry, the Philippine government has taken measures to restrict the import of used cars, and has exempted some of the new car purchase tax and encouraged domestic automobile export policies.
View related topics: Commercial Vehicle Export Analysis
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