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Hyundai Motor Philippines, Inc. (HMPH) is currently the official distributor of Hyundai passenger cars in the country after the company was able to take over operations from HARI in early 2022, [36] Audrey Byun is the CEO, while Lee Dong-wook is the President and Victor Jose Vela is the Deputy General Manager of the company.
Originally Yutivo Sons Hardware Co. Yutivo assembled various models under license from GM beginning in 1953. GM bought a 49% stake in Yutivo in 1972 and renamed it GM Philippines. Isuzu invested in the company in 1979 and it was renamed GM Pilipinas, Inc. Assembly of GM vehicles ended in 1985 and GM sold the plant to Isuzu in 1994.
Isuzu Philippines Corporation (IPC) is a subsidiary of the Japanese commercial vehicle manufacturer Isuzu and headquartered in Biñan, Laguna, Philippines. The company was formed on August 7, 1995 with an investment of ₱1,000,000.000s. The company operates as a joint venture with Mitsubishi Motors Philippines Corporation (MMPC), with each ...
General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet , Buick , GMC , and Cadillac , each a separate division of GM.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
GM Philippines returned with the Opel brand in 1997, and started selling the Vectra, Omega and later the Tigra and Astra. Sales were good years after its introduction but Opel still struggled as Japanese manufacturers dominated the local automobile market. GM Philippines withdrew the brand by 2004–2005 due to poor sales.
With production bases located in China, Philippines and Taiwan, Yulon makes license-built versions of many automakers' models. [15] The companies it manufactures in cooperation with include Chrysler, Geely, [16] GM, Mercedes-Benz, Mitsubishi and Nissan.
The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It is a founding member of the United Nations , World Trade Organization , Association of Southeast Asian Nations , the Asia-Pacific Economic Cooperation forum, and the East Asia Summit .