The 2010 MVDP: Feat. the "Filipino Car" or Philippine Brand Vehicles

[ghosthunter]

cars are more expensive in other countries. I agree that economy and spending power play a vital role.

Although cars may be more expensive in other countries but the per capita income is also higher.

kaya lang lets confine it to the auto industry muna. we have to choose our battles. economy is too broad.

Unfortunately you cannot separate the auto industry with the economy as they are closely related. More companies will buy more trucks when the economy is good because they need to transport more goods. When the economy is bad, the transport fleet is scaled back.

lets just focus on the 150 to 200 thousand people who can buy a new car yearly. I dont mean that they buy cars every year, but every year this is the number of new cars sold.This is a big enough industry. although it represents a very small percentage of the population, it is still quite a big industry . we should protect this industry. kaya lang when we started smuggling SUB-ics the sales of brand new cars were extremely affected.

Why are you so focused on smuggling as a problem with those people buying new cars? The fact is, those 120,000 to 140,000 who are buying new cars will not be found buying a used surplus car, imported legally or otherwise.

Also, where did you get that figure of 150K to 200K new car buyers for 2010? The car sales forecast (done in January 2010) for 2010 is a 4% growth from 2009 figures. That should be around 137K.

As for calling the some-130k vehicles sold last year as a big industry, when compared to the 92 million people in the Philippines, that just comprises 0.14% of the total population of the country.

Just to place a comparison, Toyota Thailand sold 230,000 vehicles in the first six months of 2009. Toyota USA sold over 2,000,000 in 2008.

Ngayon nag iimprove na. Car companies are increasing sales. Sana tumulouy tuloy na.

The fact that car sales improved in 2009 is simply because of people buying new cars to replace the cars that were damaged/destroyed in the floods caused by Ondoy and Peping. That observation is supported by the fact that the increase of sales happened after the floods and not throughout the year of 2009.

[ocanursjr]

hahaha

obviously, sombody doesnt know how things work

somebody thinks you gotta be out there chasing clients all day to sell Japan imports

somebody doesnt know that all you need is yard, a small office, and a sign that says "Japan Surplus"

and an internet connection so you'll have something to do all day

somebody's thinking field salesman

hahahaha

Baka naman junk shop ang inooperate mo, aminin mo na kasi * uls. Kung sabagay japanese junk is the same owning a junk shop.

[uls]

Baka naman junk shop ang inooperate mo, aminin mo na kasi * uls. Kung sabagay japanese junk is the same owning a junk shop.

ay oo may timbangan ako dito

ang galing mo naman

sa sobra galing kailangan ka mag abroad kasi di mo kaya kumita dito

musta dyan sa Australia?

how's your middle class life?

are you able to make your mortgage payments? car payments?

assets minus liabilities, positive net worth ka pa ba?

[ocanursjr]

ay oo may timbangan ako dito

ang galing mo naman

sa sobra galing kailangan ka mag abroad kasi di mo kaya kumita dito

musta dyan sa Australia?

how's your middle class life?

are you able to make your mortgage payments? car payments?

assets minus liabilities, positive net worth ka pa ba?

nah... I don't need to tell you more about my life...
Hindi ako showy like you

[OyiL]

hahaha

obviously, sombody doesnt know how things work

somebody thinks you gotta be out there chasing clients all day to sell Japan imports

somebody doesnt know that all you need is yard, a small office, and a sign that says "Japan Surplus"

and an internet connection so you'll have something to do all day

somebody's thinking field salesman

hahahaha

no uls, he's just teasing you. i just let you know so this doesnt go too long. as you have more time spent in front of your desk than personally tending to your customers.

[OyiL]

A
As for calling the some-130k vehicles sold last year as a big industry, when compared to the 92 million people in the Philippines, that just comprises 0.14% of the total population of the country.

teka, itas natin ng konti. out of the 92M people only about 60M is in age above 24. kaya 0.21% naman.

[romski123]

Why are you so focused on smuggling as a problem with those people buying new cars? The fact is, those 120,000 to 140,000 who are buying new cars will not be found buying a used surplus car, imported legally or otherwise.

that's precisely what happened during the hayday of SUB-ics. People who used to buy from the formal sector shifted to the smuggled 2nd hands. Short term gratification naman kasi after a few months sira na ang mga SUB-ics. But it did its job already. Umatras ang development. Our record was 1996 where we sold 160k brand new cars. then nagka-crisis , then when all our neighbors started to recover, we allowed 2nd hand vehicles. Di na tayo naka bangon.

Sayang talaga. In 1996 all the parts manufacturers were told by the car manufacturers to scale up. Kaya nagsi-invest sa mga bagong plant and equipment. Tapos pagbagsak ng car sales lugi lahat.

The crisis stopped the development of the local auto industry but the smuggled 2nd hand cars killed it.

[jpdm]

that's precisely what happened during the hayday of SUB-ics. People who used to buy from the formal sector shifted to the smuggled 2nd hands. Short term gratification naman kasi after a few months sira na ang mga SUB-ics. But it did its job already. Umatras ang development. Our record was 1996 where we sold 160k brand new cars. then nagka-crisis , then when all our neighbors started to recover, we allowed 2nd hand vehicles. Di na tayo naka bangon.

Sayang talaga. In 1996 all the parts manufacturers were told by the car manufacturers to scale up. Kaya nagsi-invest sa mga bagong plant and equipment. Tapos pagbagsak ng car sales lugi lahat.

The crisis stopped the development of the local auto industry but the smuggled 2nd hand cars killed it.

Definitely agree with your observations.

In its heydays (SUvics) , most second hand auto dealers here in our place just stopped selling local second hand autos and owner type jeeps.

Now, fortunately,I rarely see SUvics being sold. If there are SUVics being sold, they come from owners who bought it and want to get rid of it.

This is because, they say, these SUVIcs are very hard to maintain because of lack of spare parts or spare parts are very expensive.


Anyway, with the pronouncements made by President elect Noynoy that he will hit hard on tax evaders and especially smugglers (info about big time smugglers perhaps was provided by Arranza and Tanada. Notorious smugglers should be stopped in Port Irene, Cebu and Manila) that kill local industries and deny the government of much needed revenues is a welcome news.

There is also a plan to rationalize tax incentives, (hopefully eliminate the duty free importation of used vehicles and tax them heavily) will discourage the entry of used and smuggled imported vehicles.


There is nothing wrong if the assemblers and other local companies will sell all imported CBUs like HARI, Suzuki and those distributors of Chinese and European vehicles(because there is a demand and provide more choices to the buying public)as long as they pay the right taxes.

[jpdm]

Although a TRO was issued by a lower court but this is only temporary and will not stop the government especially the incoming Aquino administration to collect additional taxes and level the playing field for local assemblers and importers.

[SIZE=3]Court stops implementation of car tax scheme [/SIZE]

By Ronnel Domingo
Philippine Daily Inquirer
First Posted 21:33:00 06/10/2010


THE MAKATI REGIONAL TRIAL COURT has stopped the implementation of a new tax scheme for imported vehicles, which is hoped to boost government revenue.


In a Temporary Restraining Order dated June 3, Judge Winlove Dumayas of the Makati RTC Branch 59 stopped the DOF and its agencies—the Bureau of Customs and Bureau of Internal Revenue—from enforcing Joint Order No. 1-2010.


The DOF order dated April 5 provides a uniform basis on the appraisal of imported vehicles. It is aimed at ensuring the proper collection of duties, value-added tax, excise tax and other levies due on such shipments.

The order sets the book value as basis of appraisal instead of transaction value.


This means taxes would be based on reference prices listed in books instead of the amount paid in acquiring the imported vehicles.


In issuing the TRO, the court was acting on a complaint filed by car importer Benjamin I. Navea Jr., who argued that the new tax policy would cause “grave and irreparable injury” to vehicle importers.


Navea claimed that due to the planned shift to the book value system, he would pay an estimated P1 million in taxes and duties for a brand-new Mitsubishi Pajero he was planning to import from the United States.


He said that based on transaction value, used under Republic Act No. 9135 that amended the tariff and customs code, he would pay about P500,000 only for the Pajero.


“There is absolutely nothing in (the code) that authorizes the use of reference price as primary method of valuation,” the importer said.


Further, Navea said the DOF order would have adverse impact on commercial automobile imports—and consequently, local buyers—since importers would have to shoulder higher duties and taxes, excise taxes and other charges because of the shift in the tax scheme.


http://business.inquirer.net/money/t...car-tax-scheme

[roberto_minosa]

HA! yung may pambili ng kotse kawawa?

Yung may P150,000 na hindi makabili ng matinong auto ang kawawa. Ang pagpipilian nya, laspag na ex-taxi, owner-type jeep na practically calesa, o kaya mag-commute na lang sya at ang pamilya nya...ALL IN THE NAME OF "SAVING THE LOCAL AUTO INDUSTRY".

Hindi kasi lahat katulad mo, na merong pambili ng bagong sasakyan.

Benefits of imports?

> Ang gumagawa ng mga imported (o kaya conversion) ay mga talyer din dito. Bakit nila pahihirapan sarili nilang gumawa ng OTJ eh kaya naman mag-refurbish ng buong auto? Kahit papaano, meron pang safety standards at di hamak na mas reliable kesa sa mga kalesang de-motor. Think Norkis products. Kawawa naman ang mga talyer kung wala yun, di ba?

> Karamihan ng bumibili ng imported, walang pambili ng bagong auto; hindi katulad mo. Bakit sila bibili ng kalesang de-motor eh makakabili naman ng matino-tinong Mitsubishi Delica na meron pang aircon at seatbelt? Hindi pa matatanggal ang mga drivelines habang umaahon ng bundok. Tsaka hindi mahuhulog si bunso kapag sumandal sya sa trapal. Kawawa naman sila, di ba?

> Meron nang mapapagpilian ang mga totoong auto enthusiast. Okay, merong P3m na Mitsubishi Evolution...at P2.5m na Subaru Impreza...at 1.6m na Hyundai Genesis...eh paano na yung gustong magka Nissan Skyline? Nissan Silvia? Toyota 86? MR-2? MR-S? Kaya bang punan ng local auto industry yung mga iyan? Magtyatyaga pa bang mag-CBU ang mga malalaking local auto companies para sa mga ganyang sasakyan? Hindi di ba? O kaya, personal importation na lang, thru BoC...kung may pambayad ka ng pamasahe para bumili ng mga yan sa Japan. Karamihan sa amin, hindi kaya iyon. Siguro, ikaw kaya mo. Kawawa nga kaming mga enthusiast, di ba?

Tama si niky tungkol sa KMU...misinformed, closed-minded, purely ranting-capable advocacy. Nothing ever gets done with that kind of thinking. We need more jobs! Yet they drive away employers. We need higher wages! Yet they're the same reason why cost of living is stratospheric. Then someone would say...we need to make more cars! Yet they're the same reason why no one would buy their own cars...too expensive, or too crappy...either way, consumer is driven away...then they'd go bankrupt...and then they'd blame either the government or I, the consumer.

Kawawa nga kami.