The rumors are true. It has been confirmed that premium distributor Jaguar Land Rover PH will be closing its doors on May 5, 2017. Executive director Marc Soong cites the impending excise tax increase as the main reason for the closure, saying: "With the coming excise tax we have no leg to stand on as we do not know how things will play out." He states for the record that the Jaguar/Land Rover service center will remain open and all warranties will be honored.
"I remain committed to our customers and clients," says Wellington Soong, Marc's father and president of Jaguar Land Rover Philippines. "That is the mark of a man with integrity, " he adds.
For those wondering about Autostrada Motore, the Ferrari-Maserati dealership of the Soong family, it's still business as usual. Marc says that he will now have more time to focus on the Italian brands.
But for those who are still dreaming about having a Jaguar F-Type or a Range Rover Evoque in their garage, don't worry because the brands will likely be passed on to new local owners. We'll keep you posted.