Nissan Motor Philippines,

Background of Nissan Motor Philippines, Inc. Restructure NMPI’s business development was constricted owing to the authority from NML to manufacture and sell Nissan passenger cars only. NMPI was not able to take advantage on the growing auto market in the Philippines since NMPI was not permitted to develop other car brands except Nissan. Re-positioning of UMPI Univation Motor Philippines Inc. (UMPI) will be positioned as service provider and specialized auto assembler. UMPI will be engaged in CKD model production only for Nissan brand here in the Philippines after NMPI restructuring. Company name was changed from Nissan Motor Philippines Inc. to Univation Motor Philippines, Inc. The word “UNIVATION” came from the combination of the words which are “UNION” and “INNOVATION”. The word “union” is used to simply connote the union of vehicles that we will introduce in the market, while “innovation” is used to signify new and inventive technology that the public will see and experience with our new cars. Yulon strategically plans to strengthen and reposition us in the market, that’s why in the near future, we will be on the verge of introducing to the market our new brand, and our new flagship. The brand that will have a positive impact and share in automotive industry. Not only that, Yulon plans to make UMPI the springboard of all Yulon Group in reaching other ASEAN countries. Our mother company is a conglomerate in Taiwan that was founded in 1949 and its automobile operation began in 1953.