Presidential Communications Operations Office

  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Tuesday, 24 May 2022 News Before 1 Feb 2012. Click for Latest
Web PIA  
 << May 2022 >> 
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31
Special News Editions:
PIA Specials:
NEW! Cabinet Officials
Jobs.Slides.Specials.Ads. Events.ASEAN.Multimedia
Visitors since 15 Feb 2011:
PIA News Archive:
PIA Archive News Reader

PIA Press Release

PGMA urges Chinese vehicle makers to tap RP market for low-priced car

Manila (29 October) -- President Gloria Macapagal-Arroyo reiterated in Zhejiang, China on Monday her call on Chinese auto manufacturers to sell their affordable cars in the Philippines to give low-income Filipino families the chance to own one.

The President had first asked Dongfeng Motor Corporation to tap the Philippine market for its vehicles when she arrived in Wuhan City, Hubei Province Oct. 23 on the first leg of her five-day working visit to China.

Last Monday, she reiterated her call on Chinese auto manufacturers to sell their vehicles in the Philippines at a meeting with officials of Geely Cars Co. (GCC) in Hangzhou.

Led by company chairman Li Shufu, GCC officials called on the President at the Shangri-la Hotel here to discuss business prospects in the Philippines for the Chinese car-makers.

"We need cars for the low-income Filipino people," the President told Li, who said GCC may just have a model that low-income Filipino families can afford to own.

The CK model, which sells for less than $5,000 (FOB, Shanghai), embodies the Geely philosophy of constructing "a good car at an affordable price that everyone can avail of," Li told the President.

The President told the GCC executives that Geely could begin exporting the CK model to the Philippines via the Cagayan port in Northern Philippines, the port nearest to China.

"We hope we can enter the Philippine market next year," Li told the President. (PIA-MMIO) [top]

  prev  next  »|
»Tagalog News: Inter-Agency Bowling Tournament pinaghahandaan sa Sultan Kudarat
»Tagalog News: Mamalo itinanghal na kampeon ng Provincial Consumer Quiz Bee
»Tagalog News: Mga bangko sa Pilipinas pinapurihan
»Tagalog News: Top Chinese business leaders tiwala sa ekonomiya ng Pilipinas
»Tagalog News: Pagpapalakas ng fiscal position ng Pilipinas nagpahanga sa mga matataas na US business executives
»Tagalog News: Pagtaas ng official development aid, hiniling sa ASEM
»PGMA urges Chinese vehicle makers to tap RP market for low-priced car
»PGMA directs Cabinet members to focus on long-term needs of the poor
»High-risk NPA detainees to be transferred to well-protected AFP facilities - Dureza
»PGMA mobilizes Cabinet to spearhead programs to soften impact of global crisis on poor Filipinos
  prev  next  »|

Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
For comments and feedback, please email PIA Newsdesk
Copyright © 2005 Philippine Information Agency
PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines