Good news for the moment? Honda Car Philippines Inc. (HCPI) promises that there won’t be any price hike because of the low supply of car parts coming from Japan.
However, they won’t say until when the price will remain at the same rate.
“Everything is unstable at the moment,” Natsume said. Aside from the shortness in supply, he noted that the price will be dependent on foreign exchange, prices of materials and oil.
So if you’re thinking of buying that Honda vehicle, you’d better do it now as the prices of its cars may go up in the coming months.
Article via: Philippine Star | Image by StaraBlazkova at the Czech language Wikipedia [GFDL or CC-BY-SA-3.0], from Wikimedia Commons
Senator Trillanes wants to even further limit the speed of Public Utility Vehicles (PUV) with his Senate Bill No. 2790 or the proposed “Speed Limiters Act of 2011.”
“It is hoped that by enforcing strict compliance with the mandated speed limits in various streets, highways and thoroughfares, vehicular accidents caused by speeding is reduced and that lives will be saved,” said Trillanes.
The proposal suggests that PUV operators/owners will shoulder the cost of buying/installing speed limiter and the Department of Transportation and Communication (DOTC) will observe the installation. The proposal also says that the Land Transportation Office (LTO) will not register PUVs without any speed limiting device.
Once passed and implemented, violators will be fined PHP 30,000 and a jail term of up to 3 years.
[Article via: Top Gear PH | Image via: 9shaun at the English language Wikipedia [GFDL, CC-BY-SA-3.0, GFDL or CC-BY-SA-3.0], from Wikimedia Commons
This is one of the biggest rumors to come to the Philippine automobile industry: Lamborghini is coming to our shores!
Sources say the Italian supercar brand is coming here courtesy of PGA Cars, which also distributes Porsche and Audi. And according to these sources, the Lamborghini showroom will be located at the facility that PGA Cars has been constructing at the Bonifacio High Street complex in Bonifacio Global City–which we initially thought to be reserved for Volkswagen.
If this is real at all, then it would be interesting as to how many people in the Philippines can afford to buy a Lambo and still be able to drive it down the streets without getting a ticket for looking so good.
[Article via: Top Gear PH | Image via: Wikimedia Commons (CC by-SA 3.0)]
Eventhough the Japan quake happened over a month ago, the economic effects are still being felt across the shores; and the Philippines is one of them.
It has certainly affected the car manufacturers such as Honda and Ford, and they’ve done some measures to alleviate the effects. Toyota Motors Philippines (TMP) is doing its own share by not laying off anyone, but instead implementing a 3 day workweek.
Under the adjusted work schedules, the TMP production workers at its Sta. Rosa plant will operate three days on two shifts from a five-day work week on two shift operation. While the other workers go on regular shift, the others would be undergoing some training, rotate their shifts, among others.
The schedule implementation will depend on when the plants at Japan will resume full operation, reportedly at latest June this year.
[Article via: Manila Bulletin |Image via: StaraBlazcova (CC by-SA 3.0)]
If someone offers you a car with an 8 plate number, don’t buy it, instead go to the police and report what happened immediately.
The car being sold maybe one of the vehicles stolen from the Land Transportation Office (LTO) in Quezon City a few days ago. According to LTO officer-in-charge (OIC) Raquel Desiderio:
“The intruders reportedly looted the desk of Leda Jose, head of the Plates Unit in the adjoining Property Office, who said she lost about P136,000 in cash, at least two ‘8’ protocol car plates, and a still undetermined number of unused plate stickers,”
Remember that buying stolen goods is illegal.
[Article via: Inquirer | Image via: Wikimedia Commons (Public Domain)]
Pantawid Pasada, a Public Transport Assistance Program that will provide PHP 1,050/month to qualified PUV drivers, will start on May 2.
The Pantawid Pasada cards will be used as a fuel card to buy diesel from participating gas stations. Read on to know how to get the card:
To get the card, claimants must present an original franchise certificate, copy of the official receipt and certificate of registration of motor vehicle and two valid identification cards such as driver’s license, passport, Government Service Insurance System or Social Security System Identification Card ID, Philhealth Identification Card, Voter’s ID, Professional Regulation Commission Identification Card, Firearms’s license or Seaman’s book.
The Department of Energy is expecting that all cards will be distributed to NCR within 5 days.
[Article via: Philippine Information Agency |Image via: Wikimedia Commons (Public domain)]
Good news for the local Auto Industry! Chinese car manufacturer, Chery Automobile will be building their manufacturing plant in the Philippines.
According to Chery Philippines sales marketing manager Raymond Tribdino, the company will build a manufacturing plant here where it will be building the left-hand drive and electric cars for the ASEAN region.
“We will have a local partner. We will subcontract. We are in the trial phase and we are working out the shares in the company. We are not sure how much the total investment will be, but normally, one line costs more than $10 million,” Tribdino explained.
In return they are asking the government to remove tariffs from Chinese imports, parking lots with charging stations, and lower registration rate.
[Article via: Philippine Star | Image via: Wikimedia Commons (CC by 3.0)]
Iligan Mayor Lawrence Ll. Cruz, has signed an Executive Order to create a task force that will be going against colorums and extortion groups in their area: The Anti-Colorum/Anti-Extortion Task Force or ACTAF.
Cruz designated P/Sr. Supt. Celso Regencia, Director of the Iligan City Police Office (ICPO) as head and members are the heads of the Land Transportation Office (LTO), Land Transport Franchising and Regulatory Board (LTFRB), Philippine National Police-Traffic Division (PNP-TD) and the Iligan City Traffic Management Office (ICTMO).
The purpose for this group is to prevent groups from using illegal PUVs and protect the legal operators. The EO allows the ACTAF to make arrests and investigate suspected individuals who are operating a colorum PUV or conducting extortion activities.
[Article via: Philippine Information Agency | Image via : Wikimedia Commons (Public domain)]
With the surging, and almost uncontrollable, rise of oil prices, the Philippine govt is actually thinking of drafting an Executive Order that will freeze oil prices.
According to Justice de Lima, this has happened before:
“Talking about possibilities, there’s always such a possibility of coming up with an executive order freezing the oil prices. If it comes to that, it will basically and primarily be an executive decision or action,” De Lima told The STAR.
She said the previous Arroyo administration had resorted to freezing oil price increases in 2009, through Executive Order 839.
De Lima said such a measure would be “legally feasible.”
Although it would be good in the short run, it’s the long term effects that may concern economists as freezing oil prices may sometimes lead to an even bigger oil price once the freezing has been done.
[Article via: The Philippine Star | Image via: Wikimedia Commons (CC by-SA 3.0)]
The Land Transportation Franchising and Regulatory Board in Cebu is advising all commuters to only ride on buses that are registered with them.
It’s expected that on the Holy Week holidays, people will be coming to and fro from different places. This usually means a lot of business for the franchised bus companies, but it also means that the unregistered buses will be roaring down the roads with them. Unfortunately, compared to those with a franchise, the riders of unregistered buses won’t have any covered insurance.
According to the LTFRB, that commuters should only ride on public terminals as only those PUVs with franchises can enter them.
[Article via: Philippine Information Agency | Image via: Wikimedia Commons [Unported CC by-SA 3.0])