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Wednesday, April 13, 2011

Increasing poverty & #Japan tsunami causes Car manufacturing to slow down in #pakistan

Rising poverty, unemployment & lowered standards of living in pakistan is making owning a car increasingly unaffordable in the Islamic Republic of pakistan. As a result, auto manufacturers are being forced to cut back on their production.

The recent tragic Tsunami in Japan, is also believed to have compounded to the problem as its industry imports nearly all auto components from Japan, merely joining them together & selling them here in pakistan.