MMPC And Partners Confirm Participation To CARS Program Industry News
116 views · Published 15 December 2016 · 3:20 · Indexed 8 November 2026
Channel: Auto Focus · 2016 · Autos & Vehicles
Mitsubishi Motors Philippines Corporation or MMPC in its commitment to the Comprehensive Automotive Resurgence Strategy or CARS Program held a ceremony recently to acknowledge local parts suppliers who will play a major role in the local production of the Mirage and the Mirage G4 models beginning in January 2017. The Mirage and the Mirage G4 are among MMPC’s bestselling models that also propelled them number 2 position in the passenger car category. Twenty-five suppliers of MMPC were awarded the Certificate of Participation. This is just the first batch of suppliers who have firmed their involvement under MMPC’s Local Parts Manufacturing Program. Dante Santos First VP-Government Affairs Mitsubishi Motors Philippines “The CARS Program is on its way. We have launched many activities already towards reaching our targets. In effect, we would like to roll-off the first units under the CARS Program by the first quarter of 2017. To do that, we have to put in line or in stream all of our suppliers that are qualified under the first layer of suppliers. Then we continue with our investments like, we're constructing our stamping plant already though we expect it to be functional by 2018, first part. Meantime, we are producing already, we are starting to design for a local production of the Mirage, which is our participant under the CARS Program. It is an increase in volume. If you look at the target of cars, that's 200,000 vehicles for 6 years. You cannot see that number under the existing model line-up. It means, it will double our productivity or sometimes maybe, two and a half times more, and it will increase our employment, it'll increase our investment, even our suppliers have to invest to be able to supply the components that we would wish them to supply. The industry will be activated because everybody would not try to produce at the levels which are being produced by Mitsubishi and the other participant under the CARS Program. That means, over-all, there is economic activity or people are producing more and that would be good for the Philippine economy because that's what the government wants in the first place, to be able to supply an industry with incentives that motivates output and therefore, more productivity.” MMPC’s participation on the CARS Program is expected to significantly contribute to the local automotive industry and the economy. Under this program MMPC is poised to create more jobs not only for the company but also to its local parts suppliers. A total of 500 assembly workers were hired to support this second shift operations. Additional manpower will be required when the stamping plant is operated by early 2018. MMPC is confident to produce world-class vehicles in its 21 hectares facilities located in Sta. Rosa, Laguna.
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