Toyota Motor Philippines Corporation (ToyotaMotorPhilippines) company asked the Philippine government for the support of the local auto parts industry.

    According to the Philippines, "Manila Times" quoted the Toyota Motor Philippines Corporation issued a statement reported that the company has to the Philippines Economic Zone Management Agency (PEZA) requirements for auto parts exporters to support the development of special projects.

    Toyota Motor Philippines Corporation president MichinobuSugata said in a statement, "auto parts suppliers in the region between the cost of increasingly fierce competition in the Philippines as a threat to the status of auto parts production base now, this area is strong in Thailand and Indonesia production base away business risk is very high. "

    As the ASEAN - South Korea and ASEAN - China Trade Agreement, since 2012, trade agreements under the framework of the tariff reduction will be. Philippines, local production of cars will face the threat of imported cars. Exporters urge the Government to resume the export support fund (ExportSupportFund), Toyota Motor Philippines that the Philippine Economic Zone Management Agency is necessary to strengthen the competitiveness of the local automotive industry, especially at the local auto parts supplier's competitiveness.

    "Manila Times" reported that, Sugata said, will result in reduced supply auto parts automobile exports. If the Philippines, the local auto parts supplier can not get government support, the country's automotive exports may be dropped. The country's auto parts exports currently account for 95% of the total automobile exports.