Growth Prompts Ford Philippines To Mull Expansion

Ford Philippines has achieved export growth of 47% year-on-year (y-o-y) in the first half of 2008, with around 4,000 units shipped to other ASEAN markets including Thailand, Malaysia and Indonesia - as well as South Africa. Ford Philippines president Rick Baker stated that this takes total shipments from the Santa Rosa-based plant to 55,000 units over the last five to six years, generating export revenues of US$679mn. Indeed, in October 2007 Ford became the first carmaker in the Philippines to achieve the milestone of exporting 50,000 units from the

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