A major Japanese used car exporter has selected the Philippines as its newest hub in Southeast Asia, signaling growing confidence in the country’s automotive market.
The company aims to tap into the Philippines’ rising demand for affordable, quality pre-owned vehicles, driven by urban growth and increasing mobility needs.
According to industry analysts, the Philippines offers strong potential due to its young population, improving infrastructure, and expanding middle class.
The move also aligns with Japan’s broader strategy to expand its automotive footprint in emerging ASEAN economies.
Experts believe this expansion will not only boost trade but also create jobs and contribute to the development of local automotive services and logistics.
