Mitsubishi lauds government car incentive funding

Mitsubishi Motors Philippines Corporation expressed its gratitude to the present administration for “securing funding for the Comprehensive Automotive Resurgence Strategy (CARS) Program incentives.”

In a brief statement released to the media recently, Mitsubishi stated that this clearly “demonstrates clear commitment to the local automotive industry and reinforces confidence in the sector’s stability and long-term prospects.”

“We are grateful to Finance secretary Frederick Go for leading this initiative and to the Department of Budget and Management, Department of Finance and the Department of Trade and Industry and other government agencies for their coordination in ensuring the program’s commitments are fulfilled,” the statement further said.

It added that “MMPC remains dedicated to delivering quality vehicles to our valued customers and stakeholders. We will continue to maintain a responsible presence in the Philippines, supporting communities, contributing to economic growth, and upholding our role in the country’s long-term development.”

MMPC is one the largest car manufacturers that has been serving the local mobility requirement of the local automotive market.