Ayala drops distribution of Volkswagen cars

MANILA, Philippines — The Ayala group’s Automobile Central Enterprise Inc. (ACEI) has reached an agreement with Volkswagen AG to end the distribution of the German brand’s vehicles in the Philippines.
In a notice to customers, ACEI announced that Volkswagen BGC will continue its operations until September 30 only, in light of this development.
A member of the Ayala group, ACEI has been the official distributor of Volkswagen vehicles in the country, and this move marks the conclusion of their partnership with the German automaker.
https://business.inquirer.net/547790/ayala-drops-distribution-of-volkswagen-cars