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Assessing the Competitiveness of the Philippine Auto Parts Industry

DP 2007-14
2007

The development of the Philippine automotive parts and components sector is critical to the automotive assembly industry. The availability of competitive parts and components that are locally manufactured can significantly contribute to boost the competitiveness of the assembly sector. Given the current state of small and medium manufacturers, making them internationally competitive and linking them with regional production networks are major challenges. Less competitive firms will have to contend with reduced market shares and eventually bankruptcy. The few remaining competitive ones need to define their strategies and the market position that they want to pursue. The government has an important role to play in the firms’ adjustment process. While increasing economic integration represent market opportunities, penetrating the export market is not easy and does not come automatically. As the firms search for internal ways and exert effort to improve their competitiveness, this must be complemented with active government support.

Citations

This publication has been cited time(s).

  1. Quimba, Francis Mark A. and Maureen Ane D. Rosellon, 2011 "Innovation in the automotive sector of the Philippines" , Philippine Institute for Development Studies

  2. Aldaba, Rafaelita M., 2008 "Globalization and the need for strategic government-industry cooperation in the Philippine automotive industry" , East Asian Bureau of Economic Research

  3. Aldaba, Rafaelita M., 2008 "Globalization and the need for strategic government-industry cooperation in the Philippine automotive industry" , Philippine Institute for Development Studies

  4. Aldaba, Rafaelita M., 2008 "SMEs in the Philippine manufacturing industry and Globalization: Meeting the development challenges" , East Asian Bureau of Economic Research

  5. Aldaba, Rafaelita M., 2008 "SMEs in the Philippine manufacturing industry and Globalization: Meeting the development challenges" , Philippine Institute for Development Studies

  6. Medalla, Erlinda M. and Maureen Ane D. Rosellon, 2012 "ASEAN+1 FTAs and the global supply chain in East Asia: The case of the Philippine automotive and electronics sectors" , Philippine Institute for Development Studies

  7. Nagy, Judit and Zsófia Jámbor, 2018 "Competitiveness in global trade: the case of the automobile industry" , University of Belgrade


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Keywords
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