FIVE motorcycle dealerships in Cebu may lose their accreditation with the Land Transportation Office (LTO) 7 for selling and releasing motorcycle units without proper registration.
LTO 7 Director Victor Caindec identified the five establishments as Du Ek Sam Inc., Des Marketing Inc., Des Strong Motors Inc., Desmark Corp. and Premio.
Dealerships are required to furnish the buyer with an official receipt (OR) and certificate of registration (CR), and they should attach a temporary license plate on the motorcycle before releasing the unit to the buyer.
The dealer must also specify in its sales report to the LTO where the purchase was made.
Caindec clarified that if the dealers comply with all requirements, it takes only 10 to 15 working days to process the registration, and not three to four months as the dealers claimed.
Moreover, the LTO has received information that dealers “would lie in their sales report to get a bigger commission.”
The agency also discovered that the motorcycle dealer
Yamaha Revzone Cebu, which is owned by Des Marketing Inc., does not have a business permit and as such can not provide registration to its buyers.
Superbalita Cebu tried to get a statement from the dealers about the issue; however, Du Ek Sam Inc., Premio and Des Strong Motors Inc. could not be reached.
Des Marketing Inc. declined to comment while Desmark Corp. has not received the formal complaint. (HBL / RSR)