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Renault wants a manufacturing Plant in Pakistan: French Senator

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LOL!
Is that to try to make up for its 5% fall in profits for the first quarter because they abandoned their operations in iran?
 
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French Automobile Manufacturer is keen to set up manufacturing plant in Pakistan, French Senator Pascal Allizard said Wednesday.


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Good news. This will help push Suzuki and Toyota to provide us improved and more upto date cars. However we should push for maximum % of production within Pakistan to help related industries.

I have heard that agreement with Japanese car manufacturers was based on % of total production transferred to Pakistan which they complied but the transfer was for only low ended/less value parts which in turn didn't help local industries as it should. (maybe someone from auto industry can confirm if its true or not)
 
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Pak need to be sensible with all the TNCs that wants to establish in country... They have wreaked havoc in other poor and developing states specially Africa
 
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Good news. This will help push Suzuki and Toyota to provide us improved and more upto date cars. However we should push for maximum % of production within Pakistan to help related industries.

I have heard that agreement with Japanese car manufacturers was based on % of total production transferred to Pakistan which they complied but the transfer was for only low ended/less value parts which in turn didn't help local industries as it should. (maybe someone from auto industry can confirm if its true or not)
In USA no one buys a Renault over a Toyota/Honda
 
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Thats means end of japanies scrap called cars...

It is not that straightforward. They are still entrenched in Pakistan, but their monopoly will be challenged.

We need more brands entering Pak market. The more the better for the consumer.

We need to force automobile makers to bring quality cars to Pakistan. Not their B quality vehicles. The money they charge for B quality vehicles in Pakistan one can buy A quality models in Western countries.
 
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Production should be in Pakistan and the plant in Pakistan should export at least a minimum of 50% of what Pakistanis will buy.
Industries are often located where there's cheap labour. overall costs are low and the location is strategic... Pakistan alone is the sixth largest country in terms of population and with CPEC, it will touch 70% of the global population. All government needs to provide is a consistent & transparent set of policies, one window ops and security.
 
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