Tsikot.ph PHUV Prototype

[marg]

Unless they make the exemption specific for Philippine-owned manufacturers or at least business concerns with a certain percentage of local ownership... maybe then it could work.

In this Globalized world, that protectionist move is not gonna happen.

[EVO-V]

You can only provide fiscal incentives, i.e. tax exemptions, but not subsidies. Soft loans may be argued past subsidies but it is tricky.

[ghosthunter]

You can only provide fiscal incentives, i.e. tax exemptions, but not subsidies. Soft loans may be argued past subsidies but it is tricky.

A tax exemption for a set number of years may help but it wouldn't change the outcome if no one buys the vehicles... especially with the PHUV prototype as their only example.

[jpdm]

You can only provide fiscal incentives, i.e. tax exemptions, but not subsidies. Soft loans may be argued past subsidies but it is tricky.

A tax exemption for a set number of years may help but it wouldn't change the outcome if no one buys the vehicles... especially with the PHUV prototype as their only example.

Tax exemptions or tax credits are now readied for potential AUV manufacturers. The idea of the DTI (BOI) is to revive the assembly of AUVs in the Philippines to increase the share of locally made vehicles to the total vehicles sold in the country.

Right now, its at 52 percent in favor of imported vehicles.

[ghosthunter]

Tax exemptions or tax credits are now readied for potential AUV manufacturers. The idea of the DTI (BOI) is to revive the assembly of AUVs in the Philippines to increase the share of locally made vehicles to the total vehicles sold in the country.

Right now, its at 52 percent in favor of imported vehicles.

Tax credits or exemptions may not be enough to attract car makers to start making AUVs in the Philippines for obvious reasons.

- local car market very small
- too many red tape / corruption
- high cost of labor
- high cost of power
- expensive because of lack of facilities for import/export/supplies/etc

If they base manufacturing of AUVs in India or Thailand, they would have a very big immediate market plus easy access to export to neighboring countries.

[varga]

Maybe it would be best for Filipino car enthusiasts to concentrate on the development new automobile safety technologies - this may spur some rigorous interest and development in our country as a possible hub for auto design. We have to start small, know our strengths. Guide your sons & daughters toward the fields of science & engineering.

[ghosthunter]

Maybe it would be best for Filipino car enthusiasts to concentrate on the development new automobile safety technologies - this may spur some rigorous interest and development in our country as a possible hub for auto design. We have to start small, know our strengths. Guide your sons & daughters toward the fields of science & engineering.

To be a "hub of automotive design", you will first need a local market big enough to support a big enough car manufacturing industry.

In all honesty, the entire Philippine annual car sales of a few thousand vehicles (private AND commercial) does not even compare to our neighboring countries' sales figures of just one brand.

So to have any future in auto design, your future sons and daughters will eventually have to go overseas and work for companies like Toyota, Honda, Hyundai, or even ones like Great Wall and Chery.

As for us here, we even have problems growing enough rice to feed filipinos that we have to keep importing rice year after year, much less, have a big enough industrial base to support a big automotive manufacturing industry. So I doubt "auto-design hub" goals would even be realistic in our children's lifetimes.

Decades ago, we might have had the opportunity for such but the time has passed us by.

[uls]

Originally Posted by varga
Maybe it would be best for Filipino car enthusiasts to concentrate on the development new automobile safety technologies - this may spur some rigorous interest and development in our country as a possible hub for auto design. We have to start small, know our strengths. Guide your sons & daughters toward the fields of science & engineering.

safety technologies?

let's see...

who's gonna invest money in a crash test facility?

anyone?

who's gonna provide perfectly good cars fitted with safety technology developed by "Filipino car enthusiasts" para i-crash test lang?

anyone?

who's gonna buy the crash test dummies? kahit crash test dummies lang

anyone?

fantasy meets reality