AT least 28 motorcycle and car dealerships face fines between P20,000 and P500,000 and suspension of accreditation up to six months for defying the Land Transportation Office (LTO) guidelines to release license plates and Official Receipt/Certificate of Registration (OR/CR) on time.
Assistant Secretary Vigor Mendoza II, LTO chief, said the agency has initiated measures against the erring dealers.
“We already have an initial list of the agents and their dealerships that were recommended for sanctions, including fines and suspension of accreditation,” Mendoza said.
All LTO offices must release the license plates and OR/CR to the motor vehicle dealerships within five days after all the documentary requirements are submitted.
On the other hand, motor vehicle dealers have six days to release them to their clients, for a maximum total of 11 days.
In an earlier memorandum issued to the Department of Transportation, Malacañang emphasized that all vehicle dealers must comply with the LTO’s prescribed processing timelines for the release of motor vehicles plates.
Included in the memorandum is the imposition of “the necessary penalties, such as termination of dealership, on dealers who fail to comply.” (PNA)
