Image via WikipediaTHE LOCAL distributor of General Motor Co.’s (GM) Chevrolet cars will be adding the American company’s Buick and Cadillac brands to its lineup, signalling that the strategy to outsource Philippine sales will be maintained despite the eventual recovery of the bailed-out car maker.
Filipino-owned The Covenant Car Company, Inc. (TCCCI) said on Friday a rollout of Buick and Cadillac models was the next step after it was appointed the official Chevrolet importer late last year.
GM’s Southeast Asia division, for its part, confirmed that the car maker will maintain the recent restructuring of sales and other operations despite brewing plans for a possible stock listing to reduce the US Treasury’s 61% stake in the firm.
“We are looking at bringing in the Cadillac and the Buick [brands] which are not yet sold in the Philippines,” Mr. Arcilla said.
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