An executive order imposing a surcharge on used-car imports will provide some protection for local assemblers, the Philippines Chamber of Automotive Manufacturers says. Philippines President Gloria Arroyo signed the executive order imposing the 500,000 peso ($9,225) surcharge on used-car imports. It will be applied on top of existing taxes, including the 30% most-favored-nation rate, the 2% to 60% excise tax tied to vehicle sticker prices and 10% value-added tax imposed on the landed cost ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.