PHILIPPINES: Ford launches CBU exports
AutoAsia reports that Ford has launched an export programme for its Philippines produced models - Escape and Lynx. The exports will be to other markets in Asia. The Escape will be exported to Thailand and Indonesia under the AICO scheme. AutoAsia says that Ford wants to export 6,000 Escapes this year and double that number in 2003. The report adds that it expects cumulative exports over the next five years to reach 65,000 units from its P4 billion assembly plant in Sta. Rosa, Laguna.
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