You are here: HomeNewsPolitics2018 08 31Article 681231

'Akufo-Addo in China to bring in another car company to collapse our business' - Kantanka

Comment: Re: UNDERSTAND THE ENVIRONMENT.

Author:
OYOKOBA
Date:
2018-08-31 16:22:01
Comment to:
UNDERSTAND THE ENVIRONMENT.


Exactly my poin, that you have made, KB.

Rather than blaming government. Kantanka must blame the second-hand car importers. They do to made in Ghana cars the same way cheap secondhand clothes, broniwawu, does to the textile industries, or cheap chicken to the local poultry industry. Those are the people, more so the consumers who, in wanting to get value for their money , would spend it on what they can afford. Ghana government is not to be blamed at all.

Kantanka, yes doing its best, but the automobile industry is a competitive market, and you have to produce good quality and affordable cars to stay in business. Kantanka should look at it this way: Find the right formula to work with banks to help automobile financing with the customer. There are many people out there who want to own their own cars, but can't afford to pay upfront. If they can be set up in a package that would allow them to pick up the cars and pay by instalments over, say, 5years that would ease the constraints on customers.

Ghana imports over 50,000 used or secondhand cars every year, not to think of the rest of West Africa as a whole. Kantanka hasn't demonstrated the capacity to produce that many cars, hence, other players coming in.
Your Comment:
Subject:


Your Name:


08-31 15:13
 
 
 
 
 
 
Re: UNDERSTAND THE ENVIRONMENT.
OYOKOBA
08-31 16:22