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The CARS Program was implemented by the Department of Trade and Industry in order to attract and encourage new car companies to produce vehicles in the Philippines [15] and stimulate demand and impose industry regulations that will restore the country's automotive industry, and make the country a regional automotive manufacturing hub, [16] and ...
2015 Toyota Prius. Average price: $14,911 . Consumer Reports found that the 2015 Toyota Prius gets a striking 44 mpg overall, making it one of the most fuel-efficient vehicles on the road.
However, the widespread availability of used Japanese imports prompted official importers to reduce the price of brand new cars, and in 1998, New Zealand became one of the few countries in the world to remove all import tariffs on motor vehicles. [58] Grey market vehicles comprise a majority of cars in the national fleet.
Mitsubishi Motors Philippines Corporation (MMPC) (formerly Philippine Automotive Manufacturing Corporation) is the Philippine operation of Mitsubishi Motors Corporation (MMC), where it is the second-biggest seller of automobiles. [2]
Shopping for a car can quickly go from exciting to stressful, especially when you're sticking to a budget. According to Kelley Blue Book, as of May 2020, a new small car averages $20,000, while the...
In July 2015, Cebu Pacific announced plans to consolidate its operations to a fleet of jet aircraft while transferring its ATR 72-500 turboprop aircraft to Cebgo. [15] In the same year, Cebu Pacific ceased turboprop operations, while Cebgo ceased jet operations with the return of its last Airbus A320 to its parent company.
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