LTO lost P37 billion from unregistered vehicles
MANILA, Philippines — The Land Transportation Office (LTO) has lost around P37 billion in revenue due to delinquent motorists who failed to register their motor vehicles.
Around 24.7 million vehicles are classified as delinquent or unregistered on their due dates.
This equates to P37.10 billion in revenue losses from registration payments and penalties as of April 2022.
LTO chief Vigor Mendoza has ordered the strict implementation of the “no registration, no travel” policy due to the large number of delinquent motor vehicles on the road.
Around P15.5 billion could be collected from delinquent motorcycles, P18.4 billion from four-wheeled vehicles and another P3.25 billion from trucks and buses, Mendoza said.
There are 20.15 million motorcycles, 4.01 million four-wheeled vehicles and 490,000 trucks and buses that do not have active registrations.
Only around 35 percent of 38.3 million vehicles in the country are legally registered.
“These motor vehicles are threats to road safety. We have to be strict in implementing the laws on land transportation not only to make it fair to law-abiding motor vehicle owners but also for the welfare of road users,” Mendoza said.
The National Capital Region has the highest number of delinquent motorists with 4.1 million unregistered vehicles, followed by Region 3 with 3.3 million and Region 4-A with 2.7 million.