wtaworldstar.com - company website
wtaworldstar.com - company PR's
host.cnbc.com - stock quote
World Transport Authority, Inc (WTA) is an automotive technology company that provides the capability for emerging nations throughout the world to be automobile and truck producing countries. WTA recognizes that these nations have unique transportation needs not usually found in their industrialized counterparts. For example, many countries don't have paved roads or bridges and thus are unable to use vehicles with computer laden electrical circuitry and suspension systems designed for modern paved highways. Another factor is the high shipping duties that must be paid, making most imported cars impractical.
What developing countries need is a multi-purpose vehicle that is tough, rugged yet easy to repair. The vehicle should be capable of crossing streams and traversing deep rutted, rocky, uneven dirt paths while carrying everything from a water buffalo, to sacks of planting seed, watering tanks, field worker crews or a 1250 lbs. load of harvested goods. Most imported cars and trucks subjected to this type of environment end up becoming $50,000 chicken coops due to prohibitive import duties and because they quickly break down from harsh use since replacement parts are unobtainable.
The WorldStar is a composite multi purpose vehicle manufactured from tough steel, imperious plastic resins, strong structural foam, tight fiberglass composites and other core materials. The car is easily modified to various configurations making it extremely adaptable to local demands. Multi-passenger taxis, 1250 pound capacity pick-ups, service trucks and ambulances are just a few standard configurations. The total manufacturing cost per vehicle is about $4,500 and is built entirely in the WTA modular factory environment using semi-skilled labor from the local community.
The key ingredient to successful integration of WorldStar vehicles in developing countries is WTA's micro-manufacturing facility. WTA modular factories are designed and equipped as integrated turnkey systems that enable owners to manufacture, assemble, test, and market completed WorldStar vehicles. These turnkey systems include numerous jigs, fixtures, cutters, fabric shapers, benders, welders, and all the various equipment molds needed to build at least one utility vehicle per day in a factory while using semi-skilled crews of local people. And because the vehicle was built inside it's own borders it's cost to build is under $5,000 and thus can be priced affordably. It takes approximately 90 days to set up a one truck, or one taxi per day factory and World Transport Authority maintains a prototype manufacturing and training facility that conducts daily sessions on vehicle construction as well as the installation and use of its modular factory.
WTA promotes a Master License Program that authorizes individual investors and/or governmental agencies to purchase and control regional site licensing for WTA modular factories. The cost of a master license is based on population density in a specified region, factory licenses are issued at a set price. The company will continue to issue individual site licenses to interested parties through its Site License Program as long as master licenses remain available. After all master licenses have been purchased WTA will support the Site License Program via several proactive avenues.
WTA's target market consists of 189 developing nations with more than two-thirds of the world's population. Demand for automobiles in developing nations is rising rapidly, especially at the basic transportation end of the market. As a result WTA is positioned to be a significant global provider in one of the most dynamic growth industries of the century.
World Transport Authority, Inc. is a wholly owned subsidiary of Composite Automobile Research, Ltd. (CARH on NASDAQ OTC) and is the designer and creator of the WorldStar line of utility vehicles.
ps: And the Big-3, "...can't touch that..."!! |
