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Ford's history in the Philippines can be traced back to 1929. Ford Philippines, Inc. (FPI) was established as a subsidiary of the Ford Motor Company in 1967 and began production operations on May 3, 1968. Ford left the market in 1984 due to the local economic recession. The brand came back in 1997 as Ford Group Philippines, Inc. (FGPI).
The Vespa 946 is a scooter announced by Piaggio, sold under their Vespa brand, that sold starting in July 2013. Piaggio presented the retro-futurist Vespa Quarantasei concept , based on the 1945 Vespa MP6 prototype, at the 2011 EICMA motorcycle show.
The Vespa 946 was also launched this year, along with the new Vespa Primavera, the latest evolution of the "small body" family. In 2013 Vespa's worldwide sales numbered almost 190,000 units; in 2004 the figure stood at 58,000. In ten years of continuous progression over 1.3 million new Vespas have been produced.
The Vespa 150 TAP was an anti-tank scooter made in the 1950s from a Vespa scooter for use with French paratroops (troupes aéroportées, TAP). Introduced in 1956 and updated in 1959, the scooter was produced by Ateliers de Construction de Motocycles et Automobiles (ACMA), the licensed assembler of Vespas in France at the time. [ 1 ]
The first model was a cabless adaptation of the company's two-wheel scooter, the Vespa, adding two rear wheels and a flat utility bed over the rear axle. Initial models featured 50 cc, [4] 125 cc or 150 cc engines and, later, a 175 cc engine. By the time of the 1964 Ape D, a cab was added to protect the driver from the elements. [5]
The Vespa was built with two drum brakes, a single-cylinder air cooled engine (aluminum head) and a steel chassis, but has been improved with a new front suspension and a revised rear axle for more stability. It was distributed as Vespa P 125 X and as Vespa P 200 E with an electronic ignition (E for Elettronica) and since 1978 as Vespa P 150 X.
Made on the same base as the Piaggio Porter, from which it takes up the mechanical layout and part of the bodywork like the doors, the Quargo is equipped with a transverse, rear mounted diesel engine 686 twin cm 3 Lombardini from 13 kW (about 18 hp).
The installment sales method, is used to recognize revenue after the sale has occurred and when sales are stipulated under very extended cash collection terms. [3] In general, when the risk of not being able to collect is reasonably high and when there is no reasonable basis for estimating the proportion of installment accounts, revenue recognition is deferred, and the installment sales method ...