It looks like Mitsubishi Motors Philippines (MMPC) has got big things planned for 2018.
The Japanese carmaker has just invested around P360 million on expanding its plant is Santa Rosa, Laguna, increasing its land area to 23 hectares, and its building area to 120,000 square meters.
The plant now features its own container yard and material handling operations warehouse, meaning the company will no longer need to lease outside storage facilities for completely knocked-down units and locally developed parts. The improvements made will increase efficiency, as well as the quality of the manufacturer's products.
The company says the expansion is proof of its efforts to promote the local automotive industry. MMPC has already invested more than P3.4 billion in the Philippine government's Comprehensive Automotive Resurgence Strategy (CARS), and is now producing Mirage models.
Aside from the improvements to its Laguna plant, MMPC also recently turned over a fleet of Fuso trucks to one of the country's largest cargo transport and logistic companies, MetroPac Movers, Inc. The group purchased a total of 270 trucks; a deal which MMPC says is indicative of the Philippines' robust commercial vehicle industry.
MMPC president Mutsuhiro Oshikiri promised that the company will continue to offer only the best to the Philippine market. " With this growing demand, trust that we will continue to offer superior products relevant to the needs of the market while putting customer satisfaction at the center of our goals at all times."
So yeah, it doesn't look like the looming increase in automotive excise taxes is deterring Mitsubishi any time soon.