The Asian Carmakers Corporation (ACC), the official importer and distributor of BMW vehicles in the Philippines, has officially formed a partnership with the Armed Forces & Police Mutual Benefit Association, Inc. (AFPMBAI). The partnership will include a long-term lease of an AFPMBAI property located in Bonifacio Global City, Taguig, where the future site of the BMW Flagship Dealership, envisioned to be the largest and most modern BMW showroom in the country.
The deal will cost PHP 1 billion and a signing ceremony between Mr. Jose Ch. Alvarez, the Chairman of the ACC, and Brigadier General Ricardo C. Morales, the President and CEO of AFPMBAI at the Mall of Asia made the deal official.
BMW has the widest dealership network in the luxury vehicle segment, with six dealers working under the helm of the ACC. Autowelt BMW in Cebu, Autohaus BMW in Quezon City, Autozentrum BMW in Alabang, Prestige Cars BMW in Makati, Premier Cars BMW in Pampanga, and Premium Motoren BMW in Cagayan de Oro are the six BMW dealerships across the country, and ACC-BMW is supported by the BMW Group Asia regional office in Singapore through BMW Asia Pte. Ltd.