Eliminate the Competition
Car prices in Cebu are increasing. Why? Duties are in excess of 100 percent and with new guides and procedures coming out one after the next the list of fees is rocketing skyward.
The media and government backed by the advertising dollars of the big automakers have made a major dent in Cebu’s automotive industry. Thousands of workers have already been laid off and then number is only getting bigger. The Cebu car industry with the thousands of jobs it creates is nearly dead and with reduced competition, the new car makers will have won and will be free to raise prices even further.
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