Asia Hi-topic

The automotive industry in the Philippines is one of the largest in the Asia–Pacific region, with approximately 441. 4 thousand vehicles sold in 2023. Most of the vehicles sold and built in the Philippines are from foreign brands. For the most part, the Philippines is dominated by Japanese automobile manufacturers like most of its ASEAN neighbors. Automobile production is upheld by the Philippine Motor Vehicle Development Program implemented by the Board of Investments. In addition, there are also a small number of independent firms that assemble and fabricate jeepneys and other similar vehicles, using surplus engines and drivetrain parts mostly from Japan....