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Francisco Motors Calls Out RACE Program: “A Subsidy for Foreign Automakers, A Betrayal of Filipino Innovation”

Manila, Philippines — September 3, 2025 – Francisco Motors, the country’s original and only Filipino-owned automotive manufacturer since 1947, has issued a strong statement against the recently issued RACE Program (Draft JAO No. 01-2025 – DOF-DBM-DTI-BOI Joint Admin Order re RACE Program), calling it a repeat of past foreign-biased policies that sidelined Filipino innovators. Chairman Elmer

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September 3, 2025

Francisco Motors Responds to RACE Program: Seeking Real Government Support, Not Empty Promises

August 29, 2025 | Manila — In light of recent reports and televised hearings mentioning Francisco Motors as a participant in the Department of Trade and Industry’s (DTI) new RACE Program (Revitalizing the Automotive Industry for Competitiveness Enhancement), Chairman Elmer Francisco has released a strong statement calling for clarity, fairness, and genuine support for local

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August 29, 2025
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