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The plant closed down in 2012. Since then, Ford Philippines imports the vehicles it sells mostly coming from Thailand and the United States to the Philippine market. Ford Philippines also used to sell Lincoln cars in the country. Their former plant in Santa Rosa, Laguna is now owned by Mitsubishi Motors Philippines.
The imported cars are cheaper than local used cars due to the very low value of used cars in Japan (and to an extent, used products in general), and a much larger range of specifications are available on Japanese models compared to the very limited ranges sold locally – even in comparison to the UK, model ranges of Japanese cars can be very ...
A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
Microstates such as San Marino, Andorra and Liechtenstein have high rates of car ownership.. Countries and territories listed by the number of road motor vehicles per 1,000 inhabitants are as follows.
In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]
Ford Group Philippines, Inc. (FGPI) is a Philippine-based subsidiary of Ford Motor Company. It was primarily focused on manufacturing automobiles for local and regional markets from 1998 until 2012. It built the Ford Escape, Ford Laser/Lynx, Ford Focus, Mazda3, and Mazda Tribute for the Philippines, Thailand, Indonesia, Singapore, Malaysia and ...
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