{"id":153123,"date":"2018-02-15T22:46:14","date_gmt":"2018-02-16T03:46:14","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=153123"},"modified":"2018-02-15T22:46:14","modified_gmt":"2018-02-16T03:46:14","slug":"mitsubishi-can-use-cars-for-puv-rehab-plan-dti","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/02\/15\/mitsubishi-can-use-cars-for-puv-rehab-plan-dti\/","title":{"rendered":"Mitsubishi can use CARS for PUV rehab plan: DTI"},"content":{"rendered":"
\"FILE:<\/a>
FILE: Department of Trade and Industry (DTI) Secretary Ramon Lopez (Photo: ALBERT ALCAIN\/PPD)<\/figcaption><\/figure>\n

SANTA ROSA, Laguna\u00a0— Department of Trade and Industry (DTI) Secretary Ramon Lopez said that the Mitsubishi Motors Philippines Corp. (MMPC) could\u00a0 participate in the Public Utility Vehicle (PUV) Modernization Program using its existing facilities under the Comprehensive Automotive Resurgence Strategy (CARS) Program.<\/p>\n

In his keynote speech during the inauguration of MMPC\u2019s new stamping shop here Thursday, Lopez said the Japanese car company could participate in\u00a0 \u201cthe planned PUV Modernization Program through its truck division Fuso.\u201d<\/p>\n

\u201cLikewise, mindful of the synergies between CARS and the PUV program, particularly in the utilization of equipment and tooling already in place under CARS, Mitsubishi Philippines can use the excess capacity of your press plant to produce parts for the replacement of PUVs,\u201d he said.<\/p>\n

He noted that the DTI is now finalizing its support program to the PUV Modernization Program by reallocating the budget for the third player of CARS Program as incentives to local vehicle body makers for PUVs.<\/p>\n

\u201cWe are aligning the third CARS slot to support the local manufacture of replacement vehicles for our PUV modernization program,\u201d the DTI chief said.<\/p>\n

He added that the CARS Program Management Office held consultations with original equipment manufacturers (OEM) platform manufacturers and their local body builders for the features and mechanisms of the support program.<\/p>\n

\u201cThis will be shortly seeking the President\u2019s approval for a separate executive order (EO) for its implementation,\u201d Lopez said.<\/p>\n

In a previous interview, the top trade official said that local body makers for PUVs should be given perks under the DTI\u2019s support program for the PUV modernization, and not the car companies supplying engines for the modernization program participants.<\/p>\n

\u201cIt\u2019s already their business to sell their platform. They don\u2019t need incentives for that since platform is generic. They will not produce something new, so they don\u2019t need the incentives,\u201d said Lopez.<\/p>\n","protected":false},"excerpt":{"rendered":"

SANTA ROSA, Laguna\u00a0— Department of Trade and Industry (DTI) Secretary Ramon Lopez said that the Mitsubishi Motors Philippines Corp. (MMPC) …<\/p>\n","protected":false},"author":33,"featured_media":95888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[4634,10321,21298,12337],"class_list":["post-153123","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-cars","tag-mitsubishi","tag-puv","tag-ramon-lopez","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/153123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=153123"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/153123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/95888"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=153123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=153123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=153123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}