MANILA (Philippine Daily Inquirer/ANN): Toyota Motor Philippines (TMP) said it might fail to keep the end of the agreement it entered into with the government in 2016, when the market was still promising and the company agreed to make about 200,000 cars here in exchange for P9 billion in fiscal support.
During an online press briefing on Thursday (Aug 20), TMP first vice president Rommel Gutierrez said the company might not be able to fulfill its commitment under CARS, which stood for Comprehensive Automotive Resurgence Strategy Program.
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