Ford to export cars from Philippine plant

Ford to export cars from Philippine plant

MANILA:US auto maker Ford Motor Co. will begin exporting
completely built-up vehicles (CBU) from its Philippine plant to
at least two countries in the region beginning this month,
company officials said Tuesday.

The Ford export program was firmed up during a visit by
Philippine trade secretary Manuel Roxas to Washington, during
which he signed a memorandum of agreement with Ford Motor Co.
vice chairman Wayne Booker.

The company is expected to manufacture and ship a total of
5,467 vehicle units to Thailand and 1,196 vehicle units to
Indonesia this year, Ford Philippines president Terry Emrick
said.-AFP