New Chinese Car : MANILA, Philippines — Chinese carmaker Omoda and Jaecoo Motor Philippines Inc., which officially opened shop in the country on Tuesday, has been given the ambitious target of 1,000 vehicles per month.The firm expects to cover this grid within the year, with plans to set up 24 dealerships
across the country.The company is aiming to shift 500 units per month in the first semester, with the figure rising to 1,000 units a month afterward, Omoda and Jaecoo CEO Shawn Xu told reporters.He said the company chose to set up operation in the Philippines due to its large market and the welcome it had in Indionesia, Malaysia and Thailand, its neighboring countries.“We believe we have very big potential over here and we have good confidence, because other markets have already proved that our performance is well,” he said.
The company operates six dealerships in the country, he added.
They hope to have a grand total of 24 dealerships in operation by the end of the year in aforementioned locations plus Quezon City, Makati, Bonifacio Global City, Las Piñas, Manila Bay, Marikina, Carmona, Dasmariñas, Ilocos, Calamba, Pampanga, Bulacan, Clark, Tarlac, Zambales, Pangasinan, Isabela, Cagayan de Oro, Bicol, Cagayan, General Santos, Tacloban, Zamboanga and Palawan.
Xu said the company may establish a vehicle manufacturing plant in the country, which will depend on market demand.
The company’s recently introduced Omoda C5 crossover, Omoda E5 all electric vehicle and Jaecoo EJ6 electric SUV are imported from China. The company is selling the vehicles at promo prices from now until June 30, of this year, with the Omoda C5 priced at anywhere from P898,000 to P1. P1,18 million and the Omoda E5 which goes for P1. 5 million.
This is in the meantime that the Jaecoo EJ6 is also sold starting at P1. P1,750,000 for the RWD (rear-wheel drive) variant. 8 million for the AWD (all-wheel drive) version.Omoda and Jaecoo are brands by Chinese carmaker Chery Automobile Co. Ltd