The situation of car making is the foundation of technology of a nation like Japan, the US, EU's and so on, where their birth of economic power were founded and maintained thereon.
The idea of car manufacturing in the country with our self brands is still far fetched, due to the condition and willingness of our government to engage in it is still blurred.
We were dependent mainly of importation on our needs and requirements for vehicular transportation in the country. We were used to foreign brand cars
and never came to our minds the financial burden in sustaining our economy kept by these importations.
FOREIGN RESERVES
Sustaining and maintaining our foreign reserves is a task of the government to keep alive and healthy our international community relations. and provide well for our domestic and basic necessities.
We need to keep our foreign reserves at a level always that would support and maintain our economy for a quality of life for our people, if not, the reverse of the situation will cause poverty and insolvency of the government, and it can no longer operate and function well its purpose.
Car Industry
Car Industry is a factor for the economy of our country. Because we have been practically zero in the automotive business,as there is no filipino brand of cars in the Philippines, the impact of car industry to the country is considered enormous like that as had happened in Japan.
Car industry is the biggest component on the economy of Japan ever since, and this industry is contributory to the birth of self-reliant military modernization of Japan due to their military industry is home grown made by the automotive industry.
In the same manner that the Philippines should start vigorously car manufacturing in the Philippines, making our own Filipino brand cars and trucks. As mentioned, it will be a tremendous help for our economy the industry of car making in the light of foreign reserves savings , employment, and growth of all other industries nationwide, we will be self sustaining and self-reliant as an output.
In the same vein also that our military modernization will grow under these industries due to the technological and machinery requirements entails huge development and research. From there our military hard wares will rise and modern, and more self-reliant.
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