
Mitsubishi Motors Philippines Corporation (MMPC) held a groundbreaking ceremony for the construction of its P2 billion stamping shop facility in Laguna. The construction of the said facility is in line with MMPC’s participation in the Comprehensive Automotive Resurgence Strategy (CARS) program.
As a review, the Department of Trade and Industry’s Board of Investments had issued a certificate of registration to MMPC as an approved participant in the CARS program.
The CARS program intends to spur local vehicle manufacturing and to expand the country’s vehicle parts making capabilities. It aims to attract P27 billion worth of new investments, manufacture an additional 600,000 vehicle units, and contribute P300-billion or 1.7% of the country’s GDP (gross domestic product).
With that in mind, MMPC’s stamping shop facility is eyed to boost the local production of the Mirage and the Mirage G4 to around 60,000 units annually starting 2018.
MMPC added that the stamping shop facility would improve the company’s capacity to produce large vehicle body parts, which would bring down the costs of importing completely-knocked-down (CKD) parts.
The P2billion stamping shop facility is part of MMPC’s P4.3 billion investment for its participation in the CARS program. The company said that it would be fully operational in early 2018.
For more information about Mitsubishi and its vehicles, visit the AutoDeal Car Guide.
Get the best deal - Choose multiple dealerships to compare offers!
You can compare quotations simultaneously from multiple Mitsubishi dealerships. Select your preferred dealers from the list below.

- Compare quotations from multiple dealerships in minutes.
- Check vehicle and color availability.
- Find info on special offers and promotions.
- 100% Hassle-free with no obligation to purchase.
Latest News
-
The LTO’s new handheld payment terminals can allow motorists to pay for tickets instantly / News
The LTO will roll out its e-TOP terminals, for enforcers to log tickets and motorists to settle payments electronically.
-
Nissan and Renault shake hands on restructuring their enduring automaking alliance / News
Nissan and Renault recently restructured their alliance with new conditions and more plans for future collaboration.
-
Suzuki’s investment plan includes an EV Jimny / News
Suzuki’s massive investment plan aims to electrify its entire range globally by 2023, along with plans for an EV Jimny.
Popular Articles
-
Cheapest cars under P700,000 in the Philippines
Oct 20, 2022
-
First car or next car, the Ford EcoSport is a tough package to beat
Jun 18, 2021
-
Car Maintenance checklist and guide – here’s everything you need to know
Earl Lee · Jan 12, 2021
-
Most fuel efficient family cars in the Philippines
Bryan Aaron Rivera · Nov 27, 2020
-
2021 Geely Okavango — Everything you need to know
Joey Deriquito · Nov 19, 2020
-
Family cars in the Philippines with the biggest trunks
Jul 20, 2022
-
Head to head: Toyota Rush vs. Suzuki XL7
Joey Deriquito · Oct 28, 2020
-
Why oil changes are important for your car
Earl Lee · Nov 10, 2020
-
2021 Kia Stonic — What you need to know about it
Joey Deriquito · Oct 16, 2020
-
Top 7 tips for buying a used car in the Philippines
Joey Deriquito · Nov 26, 2020