The death of the car industry

[CVT]

simple lang *uls,

2015 - almost 300K cars sold
2016 - 350K++ cars sold

if you will analyze the demographic of those who bought the PPV's, it's more of those rank and file employees. the ones who can't really afford 1.5M worth of cars but they are the new subprime. they are easily approved

actually, I was counting on the slowdown of the car industry last year pa, kaya lang the Montero and Fortuner, got released while the MUX and Everest solidified their stocks

so given the 5 year terms of these rank and file employees with high monthly installment, may pang-spend pa ba sila sa other things

I have pointing and pointing out to this forum, delikado ang mga low-downs or no-downs na yan, sooner or later it will bite us in the back at yan ang magpapabagsak ng economy natin coz all people are heavily in debt.

I think the only solution now for the PPV's is to offer cuthroat discounts. say in 2016 MUX AT averaged at 1.3M+, dapat 1.1M na lang, while the MT 1.0M na lang. The everest should do the same too. from this perspective, I know it's only Mitsu that sees the market being the top-seller of diesel workhorses since the 80s. and I know Mitsu will do magic this year with their pricing to increase their sales and jumpstart consumer spending.

we are all in a bubble naman. the PPV are our only hope. if these cars get taxed, then domino effect. nobody will buy and those who bought already will have the burden of paying high premium while the companies they work with are not really earning coz the PPV owners are opting to stay at home and cut on other expenses just to pay their iumprem



7

Landyo, ayos ang new subprime scenario mo bro.

Mitsu can do magic but they need to change their rear... Sabi mo nga 'saklay'... Tsaka lingering effect talaga ng SUA... Magaling ang dumiskarte rito. Taob ang Montero...


Ang sarap yatang nasa bahay lang at pagmasdan ang SUV trophy... Umuulan e, katamad maglinis,- mahal namang magpa carwash....

[donbuggy]

Congestion charging in the cities is still the way to go. In Singapore's case it has all but solved their traffic problem and become a good source of government revenue.

Singapore: The world’s first digital congestion charging system - Danish Architecture Centre

SINGAPORE: THE WORLD’S FIRST DIGITAL CONGESTION CHARGING SYSTEM

Singapore will switch to a different electronic road pricing system in 2020. It will rely on satellite navigation technology instead of electronic gantries.

10 things to know about the next-generation ERP system | The Straits Times
- Christopher Tan, Feb. 25, 2016

[Stigg ma]

Singapore will switch to a different electronic road pricing system in 2020. It will rely on satellite navigation technology instead of electronic gantries.

10 things to know about the next-generation ERP system | The Straits Times
- Christopher Tan, Feb. 25, 2016

nice, parang enemy of the state movie, alam ng authorities kung nasaan ka with or without your consent...

ganda naman kase sa SG ng public transpo, dito sa pinas there is more things to be done, dami pa tayo bakante lupa sa nearby provinces, di ko lang ma intindihan baket tayo nag sisiksikan sa metro manila, sabagay pag dating sa probinsya eh napag iwanan ang kalsada na 2 lanes lang...

[CVT]

nice, parang enemy of the state movie, alam ng authorities kung nasaan ka with or without your consent...

ganda naman kase sa SG ng public transpo, dito sa pinas there is more things to be done, dami pa tayo bakante lupa sa nearby provinces, di ko lang ma intindihan baket tayo nag sisiksikan sa metro manila, sabagay pag dating sa probinsya eh napag iwanan ang kalsada na 2 lanes lang...

Bro.,- the Imperial Metro Manila....

The industries have to establish themselves in other regions.

More importantly,- other regions should be able to compete with the NCR for these investments... Their industry should not be limited only to "tourism"...

A certain level of Federalism or independence [from the central government] should be able to address that....


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"The measure of a man is what he does with power" LJIOHF!

31.6K _/_/_/_/_/_/_/_/_/_/

[ice15]

to add to my earlier comments (to only tax cars that are 2.5M and above...

Gov't should tax cars that are 20 years old and above!

[StockEngine]

From Deakins FB


Dear government, I just wanted to drop you a little note to say that the excise tax proposal on cars is stupid. It's anti progress. It will cripple an industry that took 20 years to recover; an industry that invested billions of dollars (after you courted them with incentives) into the economy and now employs tens, if not hundreds, of thousands of Filipinos.

This is not how you reward an industry that managed to hit the targets you set for them.

If you're doing this to reduce traffic, that's not going to work either. Besides which, why should those in the provinces have to pay 40% more for their cars simply because we can't get our act together in Metro Manila, Cebu, and a handful of other cities? It's like ordering chemotherapy to treat a couple of pimples on your face. If you really want to have an impact on traffic and raise revenue at the same time, why not tax the drivers licenses? We have way too many idiots on the road anyway. And then plough some of that back into driver education and stricter testing. Then look at congestion charges in key cities.

If you're doing this for the environment, why not pass the alternative fuel incentive act that doesn't tax EVs, hybrids and other Zero or low emission vehicles? And then tax the crap out of polluters. Or outlaw them altogether like you promised you would. Don't paint us all with that same dirty brush.

If you're doing this because you think you're hitting the rich, keep in mind that many car owners only became car owners as a way to escape the failure of government to provide them a safe and reliable, government-funded, public transportation alternative.

[Yatta]

to add to my earlier comments (to only tax cars that are 2.5M and above...

Gov't should tax cars that are 20 years old and above!

Agree ako dito. Make it more expensive to own an old vehicle.

[EQAddict]

This is moronic. On so many levels.

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[jut703]

This is moronic. On so many levels.

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May I ask why?

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[minicarph]

May I ask why?

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coz only a moron would believe this will get implemented. the release of this issue is as timely as jumpstarting the 2017 sales of cars. if people see the computation, uunahin na nila lahat bumile ng car lol, those who buy now coz of this = moron