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Automotive Industry Philippines

In: Business and Management

Submitted By bgflores1
Words 8979
Pages 36
EXECUTIVE SUMMARY

OBJECTIVES OF THE STUDY

1. To explore the history of the automotive industry in the Philippines 2. To examine the implications of various laws and regulations, whether domestic or international, on the local automotive industry 3. To provide and survey the current profile of the industry 4. To analyze the problems and challenges significantly affecting the industry, especially those which are economic in nature 5. To provide various recommendations that would address the problems identified and eventually, aid in the betterment of the industry

I. INTRODUCTION

The Philippine automotive industry has been greatly characterized by parts and components manufacturing as a result of its participation in production sharing. Parts and components manufacturing accounts for more than 80 percent, while motor vehicle assembly accounts for about 17 percent of the local automotive industry.

The components sector consists of: metalworking, rubber, seats and trims, plastics, electrical, and others. The components sector manufactures the following parts: * Suspension: tires steel rims, aluminum wheels, leaf and coil springs * Interior: carpets, seats * Electrical system: wiring harnesses, batteries, lamps, relays * Pressed components: mufflers, radiators, seat frames, sea adjusters, oil and air filters, pedals * Rubber and plastic components: fan belts, rubber hoses, small plastic parts * Mechanical parts: transmission * Cast and forged components: gear blanks, brake disks, brake drums Meanwhile, the motor vehicle assembly sector is grouped based on the type of motor vehicles, such as passenger cars and commercial vehicles.

Of the 52 manufacturers of passenger cars, commercial vehicles and motorcycles in the industry, 14 are car assemblers. Five Japanese companies...

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