BMW completes turn over of vehicle fleet for APEC summit

Rappler.com

This is AI generated summarization, which may have errors. For context, always refer to the full article.

BMW completes turn over of vehicle fleet for APEC summit
The fleet includes vehicles that will be used by ministers and heads of states participating in the upcoming APEC Economic Leaders’ Meeting on November 18 and 19

MANILA, Philippines  – The official importer and distributor of BMW in the country has completed the turnover of more than 200 units of the German luxury automobile brand for use in this year’s Asia-Pacific Economic Cooperation (APEC) summit.

Asian Carmakers Corporation (ACC) turned over a fleet of BMW 7 Series vehicles to the APEC 2015 National Organizing Council (APEC-NOC), ACC said in a press release on Wednesday, November 11.

TURN OVER. Asian Carmakers Corporation(ACC) Chairman Emeritus Gov. Jose Ch. Alvarez turns over BMW 7 Series vehicles to APEC-NOC Chairman Amb. Marciano Paynor at the Philippine International Convention Center on November 10, 2015. Photo from ACC for BMW

Held on November 10 in the presence of APEC-NOC Chairman Ambassador Marciano Paynor, the ceremony on Tuesday completed the assembly of BMW-sponsored vehicles for APEC. The ceremonial turnover of an initial batch of BMW 5 Series units was held at Malacañang’s Kalayaan grounds in May. (READ: Initial fleet of BMWs turned over to PH for APEC 2015)

BMW agreed to provide more than 200 units of the BMW 7 Series Long-Wheelbase Sedan, BMW 5 Series Sedan, and Gran Turismo. The fleet includes vehicles that will be used by ministers and heads of states participating in the upcoming APEC Economic Leaders’ Meeting on November 18 and 19.

ACC President Maricar Parco said the BMW group is honored to play an integral role in the APEC 2015 as its official premium mobility partner.

“BMW has always been committed to fostering the economic growth and development of the Philippines and the Asia-Pacific region. As we complete the turnover of our vehicle fleet to the APEC-NOC, we are showcasing our continued support to the development of the region where we operate,” Parco said.

After the APEC summit, the BMW vehicles will be sold to the public. An online price listing showed that a BMW 7 Series Long-Wheelbase Sedan costs P6.99 million ($148,366.73) while a BMW 5 Series is worth P4.9 million ($148,366.73).

Mercedes-Benz and Toyota were also tapped as mobility partner for this year’s APEC summit.  – Rappler.com

$1 = P47.11

Add a comment

Sort by

There are no comments yet. Add your comment to start the conversation.

Summarize this article with AI

How does this make you feel?

Loading
Download the Rappler App!