Why not make cars locally?

[CH_CO]

Hi . this suddenly came up my mind.

 

Since Singaporeans are car crazy. Why did the garmen never think making cars in Singapore? As in , if it is made in Singapore , we do not need to pay "import" taxes and there would be work for everyone.

 

Since everything is going green now , why has Singapore not come out with the idea of making "green cars" while keeping the import tax around. Assuming if other car companies wishes to set up shop in singapore they would have to follow the green emissions restrictions as well? This way , our air remains the same while there are jobs created. This way , the cars made locally though a little more expensive but goes a long way as it doesn't have to pay import taxes. Prices would be almost similar. We get jobs and everyone is happy.

 

There are competition and free market problems to consider but since Singapore has almost 40% of its population as engineers , why didn't they explore this avenue? Million dollar pay ministers can only come out with million dollar plan? So do we need to pay them in billions of dollars before they come out with ideas like this? Time to vote properly.

Edited March 17, 2010 by CH_CO

[Celicagt42010]

The market is too small and everything down to a single screw or nut has to be imported. Way too expensive to produce cars.

[Thugstercena]

they dunno how to think one la. always so lag compared to other countries. see our IR u know ardy. and. singaporeans dun dare to take such huge risk one la.

[Jman888]

what makes you think that the import duty will not be replaced by other form of tax even if cars are make in Singapore. it is the space vs the demand.

 

if I vote wisely and able to get a car so cheap but can hardly move on the road like jakarta, Bangkok or KL flooded with proton, I rather not

Edited March 17, 2010 by Jman888

[Tigerwoods]

Hi . this suddenly came up my mind.

 

Since Singaporeans are car crazy. Why did the garmen never think making cars in Singapore? As in , if it is made in Singapore , we do not need to pay "import" taxes and there would be work for everyone.

 

Since everything is going green now , why has Singapore not come out with the idea of making "green cars" while keeping the import tax around. Assuming if other car companies wishes to set up shop in singapore they would have to follow the green emissions restrictions as well? This way , our air remains the same while there are jobs created. This way , the cars made locally though a little more expensive but goes a long way as it doesn't have to pay import taxes. Prices would be almost similar. We get jobs and everyone is happy.

 

There are competition and free market problems to consider but since Singapore has almost 40% of its population as engineers , why didn't they explore this avenue? Million dollar pay ministers can only come out with million dollar plan? So do we need to pay them in billions of dollars before they come out with ideas like this? Time to vote properly.

I'm surprise a seasoned guy like you can come out with this post.

Bro - READ THEIR LIPS - IMINITFORTHEMONEY.

Actually the AD can do this :

bring in the car stripped to bare minumum = reduced OMV.

bring in the parts and install to higher specs = parts got no tax right ?

Example :

Car with the Real Deal OMV = $30k = $68.1k (cost before COE and Profit)

Car stripped to basics OMV =$20k

Parts cost = $10k

= $45.4 + 10k = $55.4k

OK - need to pay workers to assemble but a difference of $12.7k means they can better control their profit margin.

Also, they can create jobs for Sporeans...

[The_Bear]

Hi . this suddenly came up my mind.

 

Since Singaporeans are car crazy. Why did the garmen never think making cars in Singapore? As in , if it is made in Singapore , we do not need to pay "import" taxes and there would be work for everyone.

 

Since everything is going green now , why has Singapore not come out with the idea of making "green cars" while keeping the import tax around. Assuming if other car companies wishes to set up shop in singapore they would have to follow the green emissions restrictions as well? This way , our air remains the same while there are jobs created. This way , the cars made locally though a little more expensive but goes a long way as it doesn't have to pay import taxes. Prices would be almost similar. We get jobs and everyone is happy.

 

There are competition and free market problems to consider but since Singapore has almost 40% of its population as engineers , why didn't they explore this avenue? Million dollar pay ministers can only come out with million dollar plan? So do we need to pay them in billions of dollars before they come out with ideas like this? Time to vote properly.

 

Firstly, the locally assembled cars will be subjected to the same amount of taxes, which more likely than not, bring the prices to current market level. The taxes are implemented by SG Gov so there is no way around it.

 

Secondly, if the import taxes are not applied for locally produce car, other countries that import car to Singapore will start taxing our other exports. Which will result in a net loss for Singapore.

[Osiris]

look at infant car maker countries.

M'sia, Korea. Their car market is big enough and they can assure their success by

protectionism and slowy expand to other market.

 

i doubt there are positive economic factors to do so

 

If there really did, do they partner with Kia and Suzuki for knowledge?

Singapore brand is call Kiasu?

 

ok, that was lame

[Jeleburacer]

The market is too small and everything down to a single screw or nut has to be imported. Way too expensive to produce cars.

Agree market is too small, if goverment allow car manufacturing LTA need to explore new business plan to sustain tne lost of COE

[Benarsenal]

Firstly, much as they like to cover their backside and lie, the Govt is very against cars in Singapore. They use all this COE and ERP s--t to appease the people.

 

To set up a factory would be going very much against their ideals, and would be seen as encouraging more cars.

 

After all, think about it. If they have a local car factory, they would want it to be produce more cars (more $$$), yet now they are discouraging more cars on the roads. Isn't that hypocritical?

[CH_CO]

Ok , i think you got me wrong , i'm not saying about creating a new company though it did cross my mind. Since there are many "bankrupted" car companies , why not take over some and do something about it. Rather than invest in "banks" only to lose billions of dollars in "flawed" investments. Since we have plenty of engineers , i believe we can use them for some "use" rather than letting them change jobs.

 

Anyway , since they are limiting COE , that has nothing to do with making cars? Why would there be an increment in car numbers?

 

Since , they are selling the ideas of creating "research hub" in singapore why not explore "green" cars? Are you telling me the "PHDs" in our technological sector aren't good enough? I strongly believe so , the last time our NTU coming out with an impressive patent was so long ago. Even Nanyang poly is doing a better job than NTU.

 

From sources , the deans in NTU and NUS (technology dept) are paid unreasonable amounts for pushing the pen, so much that it makes the budget for research too miserable to do anything. Have you ever heard of local technological DEANs branching out to create technology companies? No ? Why ? Pay so good , don't need to do anything , just play politics earn good money why need to? It is similiar to the politicals paid millions but only to employ people to lose billions for us. Anyway that's not the point.

 

I was thinking more towards the line of either getting car companies to come over to "assemble" their cars here or at least use us as a design hub. Local market is too small but who is only thinking about local markets? Similiar i can propose the garmen to create HP companies. We have the highest ratio in the population of handphone owners. Just imagine , there is minimally 2 lines per person. I can't imagine how many fones we can have, yet no one ever though of doing anything? Or rather didn't the garmen explore in this sector and put hard cash and do it? Can't we use the dense population as an advantage to design something that we can call world class? Other than world class complain kings and queens?

 

Effort and conviction and the willness to take risk while taking advantage of our pool of talents in the ruling party of the present generation is seriously lacking, i don't see how far forward we can move without any vision?

Edited March 17, 2010 by CH_CO

[KapitanE]

Mercedes was assembled in Singapore back in the 70s..... ok, maybe most of you were to young to know or were still in liquid form.

 

also, you people heard of Ford Factory in Bukit Timah??/

 

 

Edited March 17, 2010 by KapitanE

[Kangadrool]

Long long time ago, Ford has a assembly plant in Singapore.

 

It is just not economical to do this now in Singapore.

 

Create jobs for Singaporeans??? How many desperate Singaporeans are willing to work in f--ktree environment?

 

 

[Benarsenal]

Ok , i think you got me wrong , i'm not saying about creating a new company though it did cross my mind. Since there are many "bankrupted" car companies , why not take over some and do something about it. Rather than invest in "banks" only to lose billions of dollars in "flawed" investments. Since we have plenty of engineers , i believe we can use them for some "use" rather than letting them change jobs.

 

Anyway , since they are limiting COE , that has nothing to do with making cars? Why would there be an increment in car numbers?

 

Since , they are selling the ideas of creating "research hub" in singapore why not explore "green" cars? Are you telling me the "PHDs" in our technological sector aren't good enough? I strongly believe so , the last time our NTU coming out with an impressive patent was so long ago. Even Nanyang poly is doing a better job than NTU.

 

From sources , the deans in NTU and NUS (technology dept) are paid unreasonable amounts for pushing the pen, so much that it makes the budget for research too miserable to do anything. Have you ever heard of local technological DEANs branching out to create technology companies? No ? Why ? Pay so good , don't need to do anything , just play politics earn good money why need to? It is similiar to the politicals paid millions but only to employ people to lose billions for us. Anyway that's not the point.

 

I was thinking more towards the line of either getting car companies to come over to "assemble" their cars here or at least use us as a design hub. Local market is too small but who is only thinking about local markets? Similiar i can propose the garmen to create HP companies. We have the highest ratio in the population of handphone owners. Just imagine , there is minimally 2 lines per person. I can't imagine how many fones we can have, yet no one ever though of doing anything? Or rather didn't the garmen explore in this sector and put hard cash and do it?

 

Effort and conviction and the willness to take risk while taking advantage of our pool of talents in the ruling party of the present generation is seriously lacking, i don't see how far forward we can move without any vision?

 

BMW has a design house in Singapore (near Harbourfront area I think). But again, they will never have a car assembly plant in Singapore.

 

As for handphones, Motorola used to have a factory in AMK, but it closed down due to rising costs. Let's face it, it's far too expensive to have manufacturing plants in Singapore anymore. Most companies would prefer to go to places with cheaper labour costs (like Malaysia or even China/India).

 

[CH_CO]

over 50% of our workforce are working in garmen related jobs , it is seriously something worrying for me.

[Stary]

I was thinking more towards the line of either getting car companies to come over to "assemble" their cars here or at least use us as a design hub. Local

 

Why should they assemble their car here when countries nearby are far cheaper than Singapore?

 

[CH_CO]

BMW has a design house in Singapore (near Harbourfront area I think). But again, they will never have a car assembly plant in Singapore.

 

As for handphones, Motorola used to have a factory in AMK, but it closed down due to rising costs. Let's face it, it's far too expensive to have manufacturing plants in Singapore anymore. Most companies would prefer to go to places with cheaper labour costs (like Malaysia or even China/India).

 

 

Sorry i edited , now let me explain to you , do you know where is nokia designed in ? Finland has about the same amount in population as compared to us, if they can do it i don't why we can't unless you are telling me that we are seriously lacking in talent or they are technically superior and we are too stupid to even play catch up.

[CH_CO]

I was thinking more towards the line of either getting car companies to come over to "assemble" their cars here or at least use us as a design hub. Local

 

Why should they assemble their car here when countries nearby are far cheaper than Singapore?

 

Job creation ?

[CH_CO]

Something i noticed in singapore , sometimes i too am guilty of it , is that they would reject an idea upfront without exploring if they think it is not workable without even thinking hard for a solution and exploring whether if it is achieveable. Thats the reason why we are lack of entreprenuers as we are taught in school to avoid rejections by following the "safe" methodology.

 

I mean at least try. Some might argue that it is being practical but if one lacks dreams due to rejections , how to make dreams into reality?

Edited March 17, 2010 by CH_CO