Car Export Zone

A blog dedicated to autos reviewing and latest happenings in automotive.

Toyota Camry

Posted September 07th, 2016 at 03:09 am by
Filed under: Toyota
The Toyota Camry is actually a headline associated with consistency, productivity as well as affordability. The Camry has not amazingly increased to be a ...
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Audi Q7 V12 Tdi : Conception

Posted September 04th, 2016 at 09:09 pm by
Filed under: Audi
The AUDI Q7 is without a question a thrilling vehicle. With its six and also 8 cylinder motors the large SUV is also without ...
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BMW i9 – Truly Stunning

Posted July 24th, 2014 at 03:07 am by
Filed under: BMW
From Germany we hear various reports about the near-term future of the "i" range of BMW . Much has been said about the upcoming models ...
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BMW X7 Review – The Future BMW X7

Posted July 24th, 2014 at 03:07 am by
Filed under: BMW
Sales and marketing director of BMW , Ian Richardson, has been assured that when the BMW X7 hit the market "will be the category leader ...
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Lesotho's Articles

Lesotho: The Rise of Textile Industry

Textile Industry In Lesotho

Lesotho is a landlocked country being separated from South Africa. It comes in Commonwealth of Nations, although it has a promising future ahead in multiple industries. One of the industries that are expected to get great growth is Textile industry of Lesotho.

The basic path through which the Textile Industry has gone is as follows:

Inception

It had the inception when in early 1980s South Africa wanted to avoid sanction imposed on it. The United States and Europe had reservations on the good manufactured by them. This led to open opportunity for Lesotho to come in front for better economic growth. For that Lesotho provided incentives to African Industrialists. Industries from Taiwan also saw the opportunity and invested in the market.

Growth

In order to facilitate growth of this industry in Lesotho, trainings with co-financing happened. The import of international standard machinery has aid in production of quality goods. The experts from different markets came to make the local people prepared to work on global standards. This along with a number of other things contributed in building a good will of this market in global front. The good reputation gave break to more foreign investment in the country, boosting economy to a new level.

Sustainability

For maintenance of quality, the labor plays an integral role in the process. As the multinationals were able to produce quality goods in cheap prices, a small amount of money could easily be invested in giving awareness about the healthcare issues. The top of the line health related issues were addressed including HIV and AIDS. Hence it not only provided employment opportunity but also supported the health sector.

The chances are that due to the boom in overall online business, developing countries including Lesotho will get greater opportunity to prove its metal through quality products in low cost.

Lesotho And Used Cars

Japanese Used Cars

Lesotho is a landlocked country that is surrounded by South Africa. It has over two million residents with more than quarter of them living below poverty line. Although the economy is still in struggling phase, as being part of British Commonwealth it has a number of debts to pay off.

Over the years, we see an in-equal distribution of income, where the rich is becoming richer and the poor is getting poorer. Like many other fronts the car industry was flourishing in rich class, where even the middle class had transportation issue.

The Inception of Used Cars

The introduction of used car, was a fresh air; bringing in relief on many fronts. Aside from Japan there are a number of countries that export used cars. Although Japan rules the market because of implementation of export aided policies. It is because the average Japanese seller is able to get new car at very cheap price, when compared with the maintenance cost incurred to keep the old one.

There are a number of cars available in the market that has best facilitated the transportation need. The advantages it brought in includes:

Pocket Friendliness

Because of having a number of auction houses leading to cut-throat competition, the profit margin has been reduced on the end of seller. This had lead to low bid getting success, making the overall market price of unit reduced to half and in some cases even less. One is able to get low price option without much hassle.

Quality

The quality is at the best, because in most of the cases the cars have not been used for long. Even as a Japanese car, the exposure to rough road is low because of the efficient system of public transport. So after 2 years, even the less than 50,000 mileage vehicles are sold at half the initial retail price.

Hence the used car has indirectly supported the economy of Lesotho.

  
  
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