Ford PH to raise prices on select models up to P123,000 due to Safeguard Duty
The local distributor of the Blue Oval in the country has already started to jack up the price of certain vehicles by as much as P123,000 following the imposition of Republic Act 8800 (Safeguard Measures Act).
Based on its latest announcement, Ford Philippines have increased the prices of select variants of the Ranger and Territory. To note, the Ford Territory was only unveiled to the local market last year, while the updated Ranger lineup, just last month.
“In compliance with the Department Administrative Order (DAO) No. 20-11 issued by the Department of Trade and Industry that mandates the imposition of provisional safeguard duties on imported vehicles, Ford Philippines is implementing a new pricing structure for selected Ford vehicles starting March 1, 2021,”the local arm of Ford stated.
Below are the models affected by the new pricing adjustment:
MSRP as of Feb. 28, 2021
New MSRP effective March 1, 2021
Ranger 2.0L Wildtrak 4x2 AT
Ranger 2.2L FX4 4x4 AT
Ranger 2.0L Wildtrak 4x2 MT
Ranger 2.2L FX4 4x4 MT
Ranger 2.2L FX4 4x2 AT
Ranger 2.2L XLT 4x2 AT
Ranger 2.2L FX4 4x2 MT
Ranger 2.2L XLS 4x4 MT
Ranger 2.2L XLT 4x2 MT
Ranger 2.2L XLS 4x2 AT
Ranger 2.2L XLS 4x2 MT
Territory 1.5L EcoBoost Trend CVT
Just like the Ranger Raptor and the Ranger Wildtrak 4x4, the Ford Territory Titanium will also keep its existing retail price of P1.31 million—together with the rest of the Ford lineup.
The American carmaker’s local distributor had taken some of the brunt of the adjustments.
“In order to manage the impact of the safeguard duty to its customers, Ford Philippines is taking on the partial amount of the tariff for selected Ranger variants,” Ford Philippines claimed.
The first two vehicle distributors who announced the imposition of the upward price adjustment were Sojitz G Auto Philippines (Geely’s local marketer) and Legado Motors Inc. (Philippine partner is Guangzhou Automobile Company).
Photos from Ford Philippines, Ruben D. Manahan IV