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Showing posts with label DTI. Show all posts
Showing posts with label DTI. Show all posts

Friday, March 12, 2021

Mazda3, MX-5 Hit by DTI Safeguard Tariff

Mazda Philippines is the latest car manufacturer to announce the effect of the DTI’s Safeguard Duty, but unlike other brands, it will so far affect just two models: the Mazda3 and MX-5.

Wednesday, March 3, 2021

Chery Auto PH Backpedals on Price Increase

In what could be the oddest pricing move in the local automotive industry, Chery Auto Philippines has decided to backtrack on its planned price increase brought on by the DTI’s safeguard tariff.

In Order to Spur Its Auto Industry, Indonesia Cuts Luxury Tax on New Cars to Zero Percent

This is a tale of two countries trying to recover from the economic slowdown brought on by COVID-19.

Tuesday, March 2, 2021

Geely PH Now Says They're Holding Their Prices Until April

After setting off a chain reaction wherein several other carmakers have begun to increase their prices due to the DTI safeguard tariff, including its rivals Chery and GAC Motor, Sojitz G Auto Philippines, the official distributor of Geely vehicles in the country backs off its price increase at least for this month. 

Mitsubishi PH Also Requiring Additional Cash Deposit for Xpander, Montero Sport, and Strada Models Due to Safeguard Tariff

Mitsubishi Motors Philippines Corporation (MMPC) joins other Japanese carmakers like Toyota and Isuzu in requiring an additional cash deposit when purchasing selected vehicles due to the implementation of the DTI’s safeguard tariff.

Ford PH Bumps Up Prices of Ranger, Territory Due to DTI Safeguard

Ford is the latest car manufacturer to bump up its prices thanks to the implementation of the DTI safeguard tariff. Effective this March 1, 2021, selected models have seen modest price increases.

Monday, March 1, 2021

You'll Need to Pay an Additional P78k Security Deposit When You Buy a Chery

Update: Chery Auto PH has deferred any collection of DTI safeguard duty to April (3/12).

Addressing consumer concerns about higher prices resulting from the safeguard duties on imported automobiles, Chery Auto Philippines has announced the new prices for its line of Tiggo crossovers and SUVs.

Thursday, February 25, 2021

DTI Adds More Countries Exempted from Automotive Safeguard Duties

The Department of Trade and Industry (DTI) has amended its safeguard duty to include more exempted countries.

All-New Isuzu D-Max, mu-X Hit by DTI Safeguard Tariff

Isuzu Philippines is the latest automaker to announce moves surrounding the DTI’s provisionary safeguard duty. And similar to Toyota’s lead, they will be issuing refundable deposits effective March 1, 2021.

Tuesday, February 23, 2021

Toyota Motor PH to Offer Refundable Deposit Due to Safeguard Duties

With the DTI implementing the Safeguard Duty on imported vehicles, Toyota Motor Philippines is taking a surprisingly conservative approach by offering a refundable deposit to select vehicles effective March 1, 2021.

Friday, February 5, 2021

Geely PH Blinks First, Will Increase Prices Due to DTI Safeguard Tariff

Sojitz G Auto Philippines (SGAP), the importer and distributor of Geely vehicles in the country, announced that it will increase the prices of the Coolray, Azkarra, and Okavango. This came after the Bureau of Customs (BoC) has issued on Monday, a Customs Memorandum Order (CMO) acting on the Department of Trade and Industry’s (DTI) directive to add safeguard tariff on the majority of imported vehicles.

Wednesday, January 6, 2021

Luxury Cars, Indian, and Malaysian-Made Vehicles Excluded in DTI's Safeguard Tariff

The Department of Trade and Industry (DTI) has finally released more information surrounding its “safeguard measure” against imported passenger cars and light commercial vehicles. As expected, it will affect mainstream passenger cars. What is surprising is that it will give a free pass to luxury vehicles.

Monday, January 4, 2021

DTI to Slap "Safeguard Tariff" on Imported Cars, Light Commercial Vehicles

Despite Philippine automakers being vehemently against it, the Department of Trade and Industry (DTI) is moving ahead to slap “safeguard tariffs” on all imported passenger cars and light commercial vehicles, including pickup trucks.

Wednesday, May 6, 2020

Malls, Shopping Centers to Limit Entrance, Establish Strict Protocols Against COVID-19

After issuing health and safety guidelines for workplaces, the Department of Trade and Industry has now done the same for malls and shopping centers—places which are now allowed to operate under General Community Quarantine (GCQ) protocols.

Saturday, April 25, 2020

DTI to Auto Dealers in ECQ Areas: Sorry, You're Not Allowed to Re-Open

Secretary Ramon Lopez of the Department of Trade and Industry (DTI) has formally responded to the request by the Philippine Automotive Dealers Association (PADA). Unfortunately for PADA, the DTI is not allowing them to re-open.

Sunday, April 19, 2020

Auto Dealers Urge DTI to Allow Them to Re-Open

UPDATED: The DTI responds. See response below. (4/25).

The Philippine Automotive Dealers Association (PADA) has made an urgent appeal to the Department of Trade and Industry (DTI) to allow them to re-open on a skeletal workforce basis by this week.

Tuesday, April 14, 2020

DTI Allows Extended Retail Hours, Adds Pet Food and Hardware as Essential Goods

With the extension of the Enhanced Community Quarantine over Luzon until April 30, 2020, there’s a bit of good news: extended retail hours for essential goods and services.

Sunday, February 23, 2020

DTI May Impose Safeguard Measures Against CBU Vehicles

The sudden announcement of Honda Cars Philippines’s decision to shutter its local assembly effective March of this year underscores the frailty of the Philippine automotive industry; so much so that a worker’s group, made of employees from various automakers, has petitioned the Department of Trade and Industry (DTI) to reconsider the country’s position under the ASEAN Free Trade Agreement or AFTA.