Goodbye Toyota and Honda: Philippines to Manufacture First Ever Local Auto Brand “Parac”

[30121895]

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countrysoldier.org

11/19/2014 – Bacolod City | Three years from now, the Philippines has something to be proud of when talking about auto brands. Japan has four major auto brands in Toyota, Honda, Mitsubishi, and Nissan, not to mention any other brands like Suzuki and Hino. South Korea has Hyundai, Daewoo, and Kia; China and India have lots of auto brands. Philippines has none.

The agony is over though. Philippines is ready to manufacture its first ever local auto brand after WIPO (World Intellectual Property Organization), approves Chariot Motors’ application.
Chariot Motors is a Jeepney assembly company in Bacolod City that is responsible in building more than 70% of medium-size passenger vehicles in the whole Negros Island.
Engineer-owners Julio Paredes and Mario Racide built a prototype two years ago and submitted the design to DOST, but the government agency did not support the plan and rejected the project. The pair did not lose hope and submitted the design to Cummins, an American engine manufacturer for trucks and heavy equipment.
The prototype is a 2-door sedan with diesel engine to be specially manufactured by Cummins. This will be the first time that Cummins will produce small engines for cars.
The pair was successful in convincing investors after the second prototype was displayed at Cummins headquarters in Columbus, Indiana, USA. The trademark “Parac” was successfully registered by WIPO and the design is already patented in US under the pair’s names.

Parac has a double meaning. It is a combination of the engineers’ last names “Paredes-Racide, and also means “police” in local term.
According to the news received by the Philippine Pride from Racide, the company is scheduled to start building its main manufacturing plant on May 2015. The planned 27 hectares of assembly plant in Silay-Talisay area will be capable of making 80 to 120 units of cars a day for Philippine market only starting 2018, according to Racide.
The company will not only produce cars but also heavy duty trucks, buses, and heavy equipment. Only Vallacar Transit, the owner of Ceres Liner, is making buses in the province for the company’s use, but news said that Ceres will team-up with Parac to expedite the process.
Most of the parts will be produced locally except for tires and engines which will be imported from US.
The prototype has 160hp diesel engine and is more powerful than Honda Civic, but will cost lower at around 550 thousand pesos.
It was reported earlier that French manufacturer Peugeot offered to buy the design and patent for unspecified amount, but the pair rejected the offer and pursued local brand and production.
Once the main plant is completed, it is also expected that the company will hire more than 50,000 factory workers for mass production.
“Since Negros is already the Sugar Capital of the Philippines, we will add another name and will make this Metro Bacolod as the Motor City, in addition to City of Smiles”, Paredes told reporters at Bacolod-Silay Airport during their arrival from US on Monday morning”

Goodbye Toyota and Honda: Philippines to Manufacture First Ever Local Auto Brand

Tnuod ne siya? nabasahan lng ne naku.. Og tnuod ne siya ka nindot kaha naa natay atong kaugalingon nga brand sa sakyanan jd.. Mura neg HOLDEN sa australia if naa natay engun ane...

Engineer-owners Julio Paredes and Mario Racide built a prototype two years ago and submitted the design to DOST, but the government agency did not support the plan and rejected the project. The pair did not lose hope and submitted the design to Cummins, an American engine manufacturer for trucks and heavy equipment. (maypang taga gawas ne support pa ang gobyerno wala jd...)

[30121895]

nindot ni kay naa na tay affordable na brand-new vehicles ...


problem :: more traffic

ahahaha..mao bro...

usa sa ako nabantayan jd ana nga article bro kay ang gobyerno jd..taka maypang taga gawas ge aproved og ne suporta pa...pero ang DOST wala jd..waley jd neng atong gobyerno..

[digitalsuperman]

dili ni tinuod. this is the same website that headlined LA Tenorio was signed by Houston Rockets.

An excerpt from their About Page:

About
The content of Thephilippinepride.com includes satire, weird, humor articles, and also serious factual opinions. This site is just a product of creative thinking when boredom strikes, but most articles are based on facts.....

[PaYaSo]

i would love it to be named "Parecide" than Parac

[slabs7]

tan-awon nato nig dili ba ni kutongan sa mga rebeldi ug gamiton sa mga politiko

[ghostie2472]

Goodbye Honda and Toyota? Unsa may ika offer aning 4 wheel version sa Skygo or Rusi?

[my_hEaD_isBIG]

If locally made = barato so daghan maka afford! Yay! mukuha nako ug license daan!

[kit_cebu]

sud sako napod aning balitaa...

abi ko ba'g cebu grown ning chariot...

[Ghadz]

mao man gyod ni atong gobyerno walay suporta kung dili sila ka kwarta. kadaghang ngilngig nga inverntor sa pilipinas pero laing nasod ang nakapahimos kay atong gobyerno walay supporta.
Goodluck to PARAC wishing driving one soon.

[hexo]

just when we're about to transition to electric vehicles, We're building our own Internal Combustion Engine cars?

We're too late in the game, might as well join the trends in Electric vehicles.

all technical patents are open source.