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The core businesses under AC Industrials are Integrated Micro-Electronics, a global technology company in the Philippines and one of the top automotive EMS provider worldwide (based on revenues), [2] and AC Motors, a multi-brand dealership group and vehicle distributor carrying Honda, Isuzu, Kia, Volkswagen and KTM.
Ford's history in the Philippines can be traced back to 1929. Ford Philippines, Inc. (FPI) was established as a subsidiary of the Ford Motor Company in 1967 and began production operations on May 3, 1968. Ford left the market in 1984 due to the local economic recession. The brand came back in 1997 as Ford Group Philippines, Inc. (FGPI).
Mitsubishi Motors Philippines Corporation (MMPC) (formerly Philippine Automotive Manufacturing Corporation) is the Philippine operation of Mitsubishi Motors Corporation (MMC), where it is the second-biggest seller of automobiles. [2]
IMI is an EMS player in the automotive industry. Aside from assembly services, IMI provides automotive tier 1 suppliers and original equipment manufacturer services such as design and product development and test systems development. [16] The company manufactures safety electronics for vehicles such as automotive cameras and airbag controls. [3]
Toyota Motor Philippines Corporation (TMP) is a subsidiary of Toyota, based in Santa Rosa, Laguna, Philippines, responsible for the assembly and distribution of Toyota vehicles in the Philippines since 1988.
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In 1950, it started manufacturing bus and truck bodies mounted on leading US brands, being International Harvester, Ford, Chevrolet, and the Dodge Chassis. Also, in the 1950s, its sister company, the Emcos Development & Supply Co., Inc. was the leading distributor of International Harvester Macleod, Inc. in Northern Luzon marketing bus chassis, trucks, tractors, agricultural and farm implements.
Sarao Motors was established in 1953 by Leonardo Sarao, a former kalesa driver turned mechanic, as a small automotive shop with an initial budget of ₱700 (equivalent to ₱91,211 in 2021). The company grew into a multimillion corporation that produced the majority of jeepneys in the Philippines.