CM Research Paper Series No 2_0

8/3/2019 CM Research Paper Series No 2_0

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2011 Asia Monitor Resource Centre

Asia Monitor Resource CentreFlat 7, 9/F, Block AFuk Keung Industrial Building66-68 Tong Mi Road Kowloon Hong KongTel: (852) 2332-1346Fax: (852) 2835-5319Website: www.amrc.org.hk

The paper may be reproduced in any non-profit publications; credit is requested.

Capital Mobility in the Philippine Automotive Industry and its Impact on WorkersBy Ecumenical Institute for Labor Education and Research, Inc. (EILER), PhilippinesMarch 2011

Edited by Asia Monitor Resource CentreFor ATNC Monitoring Network

Capital Mobility Research Paper Series is a collaborative work carried out by AMRC and the researchersof Asian TNC Monitoring Network (ATNC). This collaborative research is one of ATNCs programmes thatdevelop the model of Asian Triangle Solidarity which intends to deal with the changing shape of Asiancapital and its impact on workers across Asia. This work is carried out by bringing together unions andlabour organizations in the region, taking up a collaborative work that equips them with better strategies tocope with the trend of capital mobility. For further information about the work, please visithttp://amrc.org.hk/taxonomy/term/issue_2/49

Asia Monitor Resource Centre

The Asia Monitor Resource Centre is an independent non-governmental organization focusing on Asianlabour concerns. The Centre provides information, research, publications, training, labour networking andrelated services to trade unions, labour groups, and other development NGOs in the region. The Centres

main goal is the support democratic and independent labour movements in Asia. In order to achieve thisgoal, AMRC upholds the principles of workers empowerment and gender consciousness, and follows aparticipatory framework.

ATNC Monitoring Network


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PhP Million Rank %change Net Income

Takata (Philippines) Corp. 7871 146 -14.2 1111

Continental Temic Electronics (Phils.), Inc. 7208 163 -8.6 117

Toyota Autoparts Philippines, Inc. 5709 201 35.3 313

Philippine Auto Components, Inc. 5215 218 -2.7 498

Isuzu Autoparts Manufacturing Corp. 4179 276 263.5 374

Mitsuba Manufacturing Batangas Corp. 4104 282 33 -123Mitsuba Philippines Corp. 3905 295 -0.7 -134

Asian Transmission Corp. 3221 364 8.3 128

Honda Parts Manufacturing Corp 3114 373 -21.9 -65

Laguna Auto-Parts Mfg. Corp. 2634 439 -15.9 71

Visteon Phillipines, Inc. 2555 446 -1.4 368

Yutaka Mfg. (Philippines) Inc. 2063 526 -25.1 35

Furukawa Electric Autoparts Phil. Inc. 1968 554 6.5 57

Ryonan Electric Philippines Corp. 1481 678 -7.5 3

Imasen Philippine Mfg. Corp. 1336 748 15.9 61

TS Tech Trim Philippines,Inc. 1317 758 43.7 185

Keihin Philippines Corp. 1155 853 -24.7 98


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Raw material supplier

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Model UPSTREAM MIDSTREAM DOWNSTREAM

TO

YO

TA

InnovaEngine: Japan

Vios

Other OEMs: Malaysia

Wiring harness: International WiringSystems (C. Luzon)

ASSEMBLY:Toyota Motor Philippines (S. Luzon)

DISTRIBUTION:Philippines

DEALERSHIP:Philippines

RETAIL FINANCING:Metrobank, ToyotaFinancial Services Phils.

car audio system: Fujitsu Ten Corp.(S. Luzon)

Bracket, exhaust pipe, tubeSub-assembly: ToyotaIndonesia /a

Car seats: Toyota Boshoku(S. Luzon)

Other OEMs: Toyota Malaysia /bautomotive c lock:Jeco Autoparts Phils, Inc. (Manila)


ASSEMBLY:Toyota Motor Philippines (S. Luzon)



RETAIL FINANCING:Metrobank, ToyotaFinancial Services Phils.

Engine: Japancar audio system: Fujitsu Ten Corp.(S. Luzon)

Car seats: Toyota Boshoku(S. Luzon)

automotive c lock:Jeco Autoparts Phils, Inc. (Manila)

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Model UPSTREAM MIDSTREAM DOWNSTREAM

HONDA

Civic

Engine: Japan

Wheel assembly: Indonesia /c

Front, rear bumper: Thailand /c

shaft assembly: Malaysia

CityEngine: Japan

Other OEMs: Indonesia, Malaysia

AccordEngine: Japan

Cylinder: Indonesia

Other OEMs: Malaysia


ASSEMBLY:Honda Cars Philippines (S. Luzon)



car loan for OFWs:Honda CAREmittancevia RCBC, BPI

pedal and suspension:F-Tech Phils. (S. Luzon)

Lever assembly, damper assembly:Thailand /d


ASSEMBLY:Honda Cars Philippines (S. Luzon)



car loan for OFWs:Honda CAREmittancevia RCBC, BPI


Wiring harness: International Wiring

Systems (C. Luzon)

ASSEMBLY:

Honda Cars Philippines (S. Luzon)

DISTRIBUTION:

Philippines

DEALERSHIP:

Philippines

car loan for OFWs:Honda CAREmittance

via RCBC, BPI


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Year

2002 3 0.292003 1 0.12

2004 1 0.15

2005 2 3.41

2006 3 2.65

2007 8 4.292008 3 5.95

2009 /a 2 0.19

TOTAL 23 17.06

No. of New ofMVP participants

Investments (inBillion pesos)

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CM Research Paper Series No 2_0