New HCPI Chief Vows No “Watered-Down” Units on Excise Tax Implementation

New HCPI Chief Vows No “Watered-Down” Units on Excise Tax Implementation
With the looming implementation of the revised excise tax, the leadership of Honda Cars Philippines, Inc. (HCPI) vows that they will continue to provide the market with class-leading products.

In an interview during the launch of the New City, newly-installed HCPI President and General Manager Noriyuki Takakura said that should the implementation of the revised excise tax, they would continue to give the market good products, so as to continue to good business locally. However, he admitted that there would be an increase in the selling prices of the vehicles. "Right now, we are waiting for the information on when the excise tax will be implemented," Takakura told Carmudi Philippines. "Although there would be a small fluctuation of prices of the vehicles, we are not worrying so much. We will not be cutting the features of our vehicles." "We would like to keep our business here stable, so we will maintain to give the best to our customers," Takakura added. Meanwhile, HCPI product planning head Sherwin Kuan said that 2017 will be a "very busy year" for HCPI. Without revealing, he said that they have a lot of offerings in store as the year progresses. HCPI recently unveiled the new Honda City at City of Dreams in Paranaque City.   Story and photo by Ruben Manahan IV

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