SPOTTED

A flock of Ford vehicles at Molito in Alabang.
Photo: SPOTTED: A flock of Ford vehicles at Molito in Alabang. Parking lot party, anyone?

Thailand Experience: Another roadblock for the Philippine auto road map?

By now, the recent backfire of Thailand’s incentive program for first-time car buyers – that left no less than 100,000 indebted customers – has made news all over the world. Question is, how will our neighbor’s dilemma affect our own auto program?To date, the long-awaited road map is still in the works, courtesy of the Department of Trade and Industry (DTI). It was originally scheduled to be released within the second quarter of the year, but was deferred – yet again – to later this year as DTI needs more time to review the policy and conduct consultations with other government agencies.

If our government has been ultra-cautious in implementing the road map before, how much more now with Thailand’s $2B-disaster? Will this mean a permanent red light for auto incentives and tax breaks in the Philippines?

Photo: The Thailand Experience: Another roadblock for the Philippine auto road map?</p>
<p>By now, the recent backfire of Thailand’s incentive program for first-time car buyers – that left no less than 100,000 indebted customers – has made news all over the world. Question is, how will our neighbor’s dilemma affect our own auto program?</p>
<p>To date, the long-awaited road map is still in the works, courtesy of the Department of Trade and Industry (DTI). It was originally scheduled to be released within the second quarter of the year, but was deferred – yet again – to later this year as DTI needs more time to review the policy and conduct consultations with other government agencies.</p>
<p>If our government has been ultra-cautious in implementing the road map before, how much more now with Thailand’s $2B-disaster? Will this mean a permanent red light for auto incentives and tax breaks in the Philippines?</p>
<p>Photo source: Reuters
Photo source: Reuters

This Saturday on Turbo Zone!

 

 

 

Truck-Fest-2

gymhaka

IMG_7031_Jinbei

Mazda-Takeri-01

Fasten your seat belt as TZ takes you to the fantastic Mazda C6 experience. Learn more about Jinbei Vans. See the newest trucks at the Isuzu Truck Fest Cebu! And feel the thrill at the Mitsubishi Mirage Gymkhana leg 3 and 4.All these on TZ 10:30 am exclusively on GMA News TV Channel 11!

This Saturday on TZ!

Range Rover

mmpc-Mirage-Gymkhana-Series

 

byd_f6dm_02

Discover the outstanding features of the all-new Range Rover. Feel the excitement of the Mitsubishi Gymkhana Leg 1 and 2. Witness as the STAR Corp. local distributor of BYD Auto Co. Ltd officially launches its first Philippine dealership of Build Your Dreams! And finally, learn more about the importance of PCSO Ambulance in saving lives. Catch TZ 10:30 am exclusively on GMA News TV Channel 11.

This Saturday on your favorite motoring show Turbo Zone!

2013shanghaimitsubishig4gal-686x387

lateral drift2lateral drift

Isuzu auto madness

Witness the sterling performance of the best drift drivers in the country as they compete in this year’s Hyundai Lateral Drift. See the all-new Mitsubishi G4 as it finally unveils in the Philippines. And finally experience the BPI Auto Madness in Davao! Catch TZ 10:30 am exclusively on GMA News TV Channel 11.