CARS Incentive Program Now Underway as Mitsubishi Breaks Ground on New Facility

Mitsubishi Motors Philippines Corp. (MMPC) broke ground for its P2 billion stamping press shop facility, putting into motion the government’s Comprehensive Automotive Resurgence Strategy (CARS) program. The construction of the stamping press shop is in compliance with one of the CARS program’s requirements, which is to produce large body parts of a vehicle instead of the usual importation. Aside from MMPC, Toyota will also be…

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