BOI cancels Hyundai PH MVDP registration

**niky** · June 29th, 2017 11:09 AM

This is nuts. I'm pretty sure the understanding on all sides was CKD assembly, not SKD. And when I passed the plant, what I saw were bodies in white stacked in the sun.

Hope they can come to a resolution. Lots of jobs stand to be affected by this.

Originally Posted by dreamur

Will this affect hyndai gray market?

Sent from my SM-N910C using Tapatalk

Shouldn't.

**babkalakal** · July 1st, 2017 11:36 AM

I was under the impression that all hyundais here coming from batangas are CBUs built in Korea. Even the stickers on the side windows of hyundais and kia's say "made in korea".

**uls** · July 1st, 2017 01:37 PM

simple really

Hyundai HQ does not have an assembly plant in the Phils.

So why would they send knocked-down units to the Phils. for assembly

i don't see PHILIPPINES here: Manufacturing | Networks | About Hyundai - Hyundai Worldwide

**Trippin** · July 2nd, 2017 12:58 AM

HARI really is greedy, apart from stripping their units down to bare minimum, they even have the gall to steal money (taxes) intended for the people!

And how come the mainstream news outlets are not reporting this?

**dr. d** · July 2nd, 2017 09:00 AM

Originally Posted by Trippin

HARI really is greedy, apart from stripping their units down to bare minimum, they even have the gall to steal money (taxes) intended for the people!

And how come the mainstream news outlets are not reporting this?

well, the practice of stripping the cars is not unique to hari. "just look at the cars we have here, and their equivalents elsewhere."

and avoiding paying taxes, is extremely common, if i may harshly suggest.

i heard it fresh from dzmm.
we probably wanted it in screaming headlines everywhere, 'cause we are car aficionadoes. alas, there were other deemed-more-news-worthy items that overshadowed it that day.

conicidentally, a popular auto publication just recently included the eon as one model that was assembled (manufactured?) locally. i wonder now, how this ruling will affect its price now.

as an aside, this CKD versus SKD is nothing new. it was already an issue back in the 70s.

**niky** · July 3rd, 2017 01:55 PM

Originally Posted by dr. d

well, the practice of stripping the cars is not unique to hari. "just look at the cars we have here, and their equivalents elsewhere."

and avoiding paying taxes, is extremely common, if i may harshly suggest.

i heard it fresh from dzmm.
we probably wanted it in screaming headlines everywhere, 'cause we are car aficionadoes. alas, there were other deemed-more-news-worthy items that overshadowed it that day.

conicidentally, a popular auto publication just recently included the eon as one model that was assembled (manufactured?) locally. i wonder now, how this ruling will affect its price now.

as an aside, this CKD versus SKD is nothing new. it was already an issue back in the 70s.

Well... maybe we should publish an erratum?

-

As for headlines, hmm... I don't know. Will talk to some friends to see how many know about this... I'm just the technical guy, I don't usually post industry news.

**dr. d** · July 4th, 2017 12:05 AM

Originally Posted by niky

Well... maybe we should publish an erratum?

-

As for headlines, hmm... I don't know. Will talk to some friends to see how many know about this... I'm just the technical guy, I don't usually post industry news.

what was the error?

**Lew_Alcindor** · July 3rd, 2017 04:15 PM

Originally Posted by uls

simple really

Hyundai HQ does not have an assembly plant in the Phils.

So why would they send knocked-down units to the Phils. for assembly

i don't see PHILIPPINES here: Manufacturing | Networks | About Hyundai - Hyundai Worldwide

this. i have not heard of HARI as a manufacturer. mostly distribution. kung papasok yan sa assembly, malamang naibalita na yan.