Subic firm is exporting 181 converted cars to Thailand
By JONAS REYES
SUBIC BAY FREEPORT — One-hundred-eighty-one converted vehicles are exported to the international market by one of the biggest companies in the automotive-conversion industry here.
Subic Bay Motors Corp. (SBMC) held the other day a send-off ceremony that signaled the shipping of the vehicles to Bangkok.
SBMC, an auctioneer and importer of used vehicles in the Freeport here, exported the shipment consisting of 129 Mitsubishi Pajeros, 50 Toyota Hiluxs and two Toyota Land Cruisers to Carlyna Trading Co. Ltd. of Bangkok.
SBMC General Manager Ben Perez unveiled his company’s re-export program, saying "since the government is bent on stopping the sale of used vehicles to the local market, SBMC plans to focus on the international market."
"Together with our new Japanese investors, we plan to form a new joint venture to re-export reconditioned vehicles to countries such as Thailand, Vietnam, Cambodia, Laos, Myanmar, Russia and other countries in the Middle East, Asia and Africa which are using left-hand-drive vehicles," he said.
Perez also said that he will leave it up to the court to determine the legality of Executive Order No. 418 which imposes additional R500,000 specific tax on all imported used vehicles.
Carlyna Trading is the trading partner of Apple International Co. which distributes both brand new and used vehicles in the ASEAN region and neighboring areas.
Last December, SBMC exported 20 sports utility vehicles and pick-up trucks to Sudan in Africa.
At present, 300 units are being reconditioned, and about 1,000 units are expected to be imported in the coming months. These are all intended for export after local value-added activities like steering-wheel conversion, mechanical repairs, tinsmith and repainting are undertaken.
SUBIC BAY FREEPORT — One-hundred-eighty-one converted vehicles are exported to the international market by one of the biggest companies in the automotive-conversion industry here.
Subic Bay Motors Corp. (SBMC) held the other day a send-off ceremony that signaled the shipping of the vehicles to Bangkok.
SBMC, an auctioneer and importer of used vehicles in the Freeport here, exported the shipment consisting of 129 Mitsubishi Pajeros, 50 Toyota Hiluxs and two Toyota Land Cruisers to Carlyna Trading Co. Ltd. of Bangkok.
SBMC General Manager Ben Perez unveiled his company’s re-export program, saying "since the government is bent on stopping the sale of used vehicles to the local market, SBMC plans to focus on the international market."
"Together with our new Japanese investors, we plan to form a new joint venture to re-export reconditioned vehicles to countries such as Thailand, Vietnam, Cambodia, Laos, Myanmar, Russia and other countries in the Middle East, Asia and Africa which are using left-hand-drive vehicles," he said.
Perez also said that he will leave it up to the court to determine the legality of Executive Order No. 418 which imposes additional R500,000 specific tax on all imported used vehicles.
Carlyna Trading is the trading partner of Apple International Co. which distributes both brand new and used vehicles in the ASEAN region and neighboring areas.
Last December, SBMC exported 20 sports utility vehicles and pick-up trucks to Sudan in Africa.
At present, 300 units are being reconditioned, and about 1,000 units are expected to be imported in the coming months. These are all intended for export after local value-added activities like steering-wheel conversion, mechanical repairs, tinsmith and repainting are undertaken.
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