Isuzu to pursue more plant improvements in Philippines

Despite the expected decline in the local automotive market, commercial vehicle assembler Isuzu Philippines Corp. (IPC) will continue to invest Php100 million (US$2.1 million) to Php150 million (US$3.16 million) in 2009 to improve plant capability, efficiency and quality. IPC President Keiji Takeda said that it is more important for them now to invest in plant upgrades and efficiency measures to counter the decline. (December 11, 2008)