Automobile Market Accelerates As Weaker Pound Pushes Up Exports
The most recent car or truck news, automotive business updates, new car or truck launches and transport news from the Philippines and around the globe very carefully curated by ‘s editorial team to keep you informed and up-to-date. With all the millions that have been provided to Mitsubishi in SA, the government ought to have confiscated the whole plant, (the factory and the machinery) when Mitsubishi pulled out and set up their personal manufacturing sector to compete with ford, Toyota and Holden.
They know that they are unemployable if they never keep functioning in the government sponsored auto market…that these folks did not see these problems coming 30 years ago says lots about how the average auto worker fails to plan their career path and then expects the taxpayer to bail them out with enormous redundancy packages when the inevitable closures take place.
There are some minor little pockets of market pretending to represent technologies prowess in this country, but on the whole we have no higher-finish large scale technologies industries such as aerospace (aircraft, rockets, satellites), electronics, chemical, biosciences, robotics, pharmaceuticals, optics, massive scale energy merchandise, shipping etc.
It’s not realistic to assume that somehow if Holden, Ford, Toyota leave Australia that the car or truck elements sector will survive and thrive. In the previous the Commodore has been sold in the UK and the US with good evaluations. The news comes as US car or truck providers also gear up to reveal whether Donald Trump’s first 100 days in office have had an effect on production.
The weakness in the automobile industry can be analogized and likened to the long-standing slump of the housing sector. Even Ratan Tata had a new modest automobile to show — a modified Nano for the US market. The News media have chosen not to get into this matter, until the current story has selected to question, and for that they should be congratulated.