PBBM talks with Toyota, Mitsubishi on PH car-making plans

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PBBM talks with Toyota, Mitsubishi on PH car-making plans
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A possible reintroduction of the popular 1990s Toyota Tamaraw and the resurgence of the car manufacturing industry in the PH are some of the topics that Pres. Ferdinand Marcos Jr. discussed with Japanese officials and investors.

A possible reintroduction of the popular 1990s Toyota Tamaraw and the resurgence of the car manufacturing industry in the Philippines are some of the topics that President Ferdinand “Bongbong” Marcos Jr. discussed with Japanese officials and investors during a series of meetings on Friday, Feb. 10.

Toyota officials called the Tamaraw, the tall boxy utility vehicle that once ruled the more comfortable air-conditioned public transport in the country, the company’s “workhorse” during the meeting with the President.

“It is something that would be important to the Philippines because we are trying to encourage now . . . both for local businesses and businesses from other countries and businesses from Japan . . . we are trying to encourage this capital investment to improve the share of manufacturing contribution to the GDP ,” he pointed out.

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