Philippine parts industry gets jump start from Japan automakers

Toyota and Mitsubishi hit milestone with local parts purchases

20191212N Philippine auto parts

Philippine press parts maker Valerie Products Manufacturing produces parts in Cavite Province for the Mitsubishi Mirage. (Photo by Jun Endo)

JUN ENDO, Nikkei staff writer

MANILA -- The Philippines' auto industry appears to be coming into its own thanks to government support, with Toyota Motor and Mitsubishi Motors using a majority of locally supplied parts when assembling flagship models in the Southeast Asian nation.

When Mitsubishi Steel Manufacturing celebrated the opening of a mill near one of its car factories in the province of Laguna, south of Manila on Dec. 9, the industry marked a milestone. The factory, which begins full operations in mid-2020, will supply suspensions for use in the Mirage. The carmaker had previously procured them from a Thai factory of a different supplier.

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