Dominican Today Forum » Living in the DR » Business Advice » Could DR enter the car businss.
#11 - Posted 20 September 2010, 11:03 PM
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RE: Could DR enter the car businss.
Quote:
dreadlocks previously said:

actually, Atabey, in my world, at least, there is a difference between expressing an interest, and doing something. that intermediate little step is called feasibility studies. so, if the Koreans see where Haiti has the infrastructure and human capital needed to make ventures feasible, they will move on to the final phase. that is how i think things are usually done in the world of commerce.



Well, sorry to inform you, but good news for Haiti, the Korean investors are in this seriously because the US has assured them that their output will meet with approval from Washington. I'll send you some links:
http://www.haitiinnovation.org/en/2009/07/28/cautious-optimism-investment-trickles-haiti

"Last week, a Washington-based team of the U.S. Agency for International Development visited Port-au-Prince -- making good on a promise by Secretary of State Hillary Clinton, who visited in April, to evaluate how U.S. taxpayers' money and other foreign aid is being spent in Haiti.



Last Wednesday, Haitian businessmen finally broke ground on a $56 million, 30-megawatt heavy fuel power plant. The project, conceived in 2005, is expected to save the Haitian treasury at least $2.5 million a month, but will still only meet a fraction of the country's energy needs.



But the fact that a group of Korean investors has agreed to pump $3 million into the project -- Haitian investors and banks are already putting in $20 million -- is a sign of progress, Haitians say.



``It says Haiti is open for business. Foreigners are starting to believe in the country again,'' said Haitian investor Daniel Rouzier. ``The limelight being put on Haiti right now means we have a strategic window of opportunity to get this country moving again.''

"The new power plant is not the only investment taking shape around a calmer Cité Soleil, where a new U.S.-government-financed police station recently opened. In addition, newly constructed streets and parks, financed by $6 million in U.S. assistance and built by the U.N.'s International Organization for Migration, offer children and residents respite from their slum.



Recently, the Haitian-owned West Indies Group began clearing a nearby lot for the construction of a new $40 million, 1-million-square-foot industrial park. With its 40 buildings, the park will be able to employ 25,000 textile workers as part of the duty-free HOPE II legislation approved by the U.S. Congress. Among those interested in possibly investing in the project is billionaire George Soros' foundation.



``It's time for Haitians to take responsibility for their future,'' Rouzier, the Haitian businessman, said. ``We have to come up with internationally competitive projects. We have to be willing to compete with the outside world. We can't just rely on U.S. trade advantages to make Haiti competitive. It has to come from the inside. Rebuild infrastructure and make it available at rates available in other countries.''

"If you want to sleep well at night, it's best to avoid watching the making of sausages or politics." Otto Von Bismarck
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#12 - Posted 20 September 2010, 11:23 PM
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RE: Could DR enter the car businss.
wow! 3 million. well, i´ll be darned.
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#13 - Posted 21 September 2010, 12:27 AM
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RE: Could DR enter the car businss.
Quote:
abc200 previously said:

Quote:
dreadlocks previously said:

please forgive me for being quizzical, ABC, but what the heck does this article have to do with Dominicans entering the car business?

Seems you can get a license to make these cars and the facilities are low cost.

S.


In what universe is this car being built in a low cost facility?
Proof of dreadlocks Bigotry.
"....... what did Cubans do to deserve preferential treatment?......and treat Black people in the most racist of ways.......... the Cubans are just a bunch of uberracist savages."
: I WILL NOT ANSWER ANY POSTS BY THE BIGOT KNOWN AS DREADLOCKS.
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#14 - Posted 21 September 2010, 12:31 AM
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RE: Could DR enter the car businss.
Quote:
Atabey previously said:

Well, ABC200, at least this idea of yours my contain a grain of possibility. Namely, the DR could be used as a component assembler and gradually work up to multiple components and so forth. But I have to agree with Dread here, DR is in no way, shape or form ready for an Automobile manufacturing process. It would be truly wonderful if DR got to participate in car manufacturing and work itself up to making many components in DR; but the future appears to hold a small piece of the pie, and many different countries specializing in one or more component with the final pieces being assembled at the actual selling country site. Perhaps DR will serve the enormous NAFTA market via CAFTA_DR and become one of those small component platforms.



Not only that but the McLaren is a $200,000 + super car with many precision components. A car that will be sold in limited numbers.

And face it guys. If the potential buyers found out some components were built in the D.R. they are out the door and heading to the local Aston-Martin Dealer. Wouldn't you?
Proof of dreadlocks Bigotry.
"....... what did Cubans do to deserve preferential treatment?......and treat Black people in the most racist of ways.......... the Cubans are just a bunch of uberracist savages."
: I WILL NOT ANSWER ANY POSTS BY THE BIGOT KNOWN AS DREADLOCKS.
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#15 - Posted 21 September 2010, 8:28 AM
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RE: Could DR enter the car businss.
Quote:
anthonyC previously said:

Quote:
Atabey previously said:

Well, ABC200, at least this idea of yours my contain a grain of possibility. Namely, the DR could be used as a component assembler and gradually work up to multiple components and so forth. But I have to agree with Dread here, DR is in no way, shape or form ready for an Automobile manufacturing process. It would be truly wonderful if DR got to participate in car manufacturing and work itself up to making many components in DR; but the future appears to hold a small piece of the pie, and many different countries specializing in one or more component with the final pieces being assembled at the actual selling country site. Perhaps DR will serve the enormous NAFTA market via CAFTA_DR and become one of those small component platforms.



Not only that but the McLaren is a $200,000 + super car with many precision components. A car that will be sold in limited numbers.

And face it guys. If the potential buyers found out some components were built in the D.R. they are out the door and heading to the local Aston-Martin Dealer. Wouldn't you?



If you look at the article the car is small targeted at the generation Y ers.

"

Generation Y Giving Cars a Pass
The generation gap is a growing, long-term headache for automakers.
.
Selling cars to young adults under 30 is proving to be a real challenge for automakers. Unlike their elders, Generation Yers own fewer cars and don’t drive much. They’re likely to see autos as a source of pollution, not as a sex or status symbol.



They’re more apt to ride mass transit to work and use car sharing services -- pioneered by Zipcar -- for longer trips. And car sharing choices are expanding, with car rental firms moving into the market, making it convenient for young folks to rent with hourly rates and easy insurance. Connect by Hertz, for example, is rolling out its car sharing services in the New York metropolitan area, with plans to eventually expand them to around 40 college campuses nationwide.



The trend won’t cause car sales to tank, of course, but the generational shift doesn’t bode well for manufacturers and auto dealers, which for decades have counted on wooing young new drivers to their brands in hopes of cementing lifetime customer relationships.



Gen Yers are a big potential market: At 80 million strong, they represent the biggest generation in U.S. history. Baby boomers are a close second, but millions of them begin turning 65 next year -- an age at which car purchases drop off sharply.



“It’s a matter of mind-set far more than affordability,” says William Draves, president of Learning Resources Network, an association that studies consumer trends and provides education and training services.



“This generation focuses its buying on computers, BlackBerrys, music and software and views commuting a few hours by car a huge productivity waste when they can work using PDAs while taking the bus and train,” says Draves.



Moreover, in survey after survey, Gen Yers say that they believe cars are damaging to the environment. Even hybrid electric vehicles don’t seem to be changing young consumers’ attitudes much.

"

There are many small cars built in low cost facilites throughout the World. Fabrication of body panels using semi-automated glass fibre laying machines is going mainstream.

S.
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