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Is it a JV ?
looks ok to Begin with
No,First pakistani indigenous car though the engine is imported.It took adam motors 6years to design this since extremely less technology was available.
Some other products of Adam motors
Adam zabardast
Boltoro
They went bankrupt back in 2005/2006.Not bad
so, this Adam is a well established company ?
Some other products of Adam motors
Brother But in Pakistan,Pakistanis are already paying upto 7,000 thousand dollar for the below Suzuki mehran junk
True, but the Suzuki is a reliable tested vehicle. Israel had a company that tried making a car way back when, and it too was a failure. People say that they will support a home made vehicle, but at the end of the day, they want something that performs well, looks good, is safe, is reliable, and is competitively priced. Companies that have little/no experience making cars and attempt to accomplish this usually end up as failures (in any market, from basic cars to exotics)
I do agree.But in Pakistan case a company can indeed become a success even if it remain limited to Pakistan only considering that Pakistan has a Population of 180Millions.
Population factor is only effective if people can actually afford it.
Pakistan has 75-80Million middle class population.Highest in asia after japan,china,india and indonesia and growing
New Recruit
True, but the Suzuki is a reliable tested vehicle. Israel had a company that tried making a car way back when, and it too was a failure. People say that they will support a home made vehicle, but at the end of the day, they want something that performs well, looks good, is safe, is reliable, and is competitively priced. Companies that have little/no experience making cars and attempt to accomplish this usually end up as failures (in any market, from basic cars to exotics)