Automobile sector stares at 40-60pc skid in sales, 150,000 job cuts

[WarKa DaNG]

Mr. Wowda will be employing 10 million people soon. There need not worry.

In the unemployement company?

 

[Ahmet Pasha]

Sky high prices
Sh!t product
Not a surprise

 

[Nilgiri]

good we don't need that garbage of suzuki

Saab, but what about the jobs, their is capital inertia at play that adds a problem to generating new investment from new names (which does not grow on trees for number of issues including the credit rating of pakistan and its forex situation). It all simple to say, let more players in to compete (and punish the old ones set up)...but how do you go about doing it with current inertia and make sure jobs and people dont suffer? This is balance that the govt has to look into and find some compromise to make some buffer to improve situation in next cpl years and then breakout after that hopefully.

 

[El Sidd]

In the unemployement company?

it cant miss

 

[Baburfromsarmarkand]

We need to get rid of these Japanese brands and produce our own brands. How come Sweden a tiny nation the population of Lahore has so many car manufacturers like Saab, koineggsegg and we don't.