Automobile industry: Problems and Constraints.

From: Economic Review | Date: April 1, 2001 | Copyright information

The market conditions for truck and bus industry have deteriorated during the past few years to a seemingly irreparable extent. The capital and operational cost of commercial vehicles has increased to an alarming limit while the revenue did not increase accordingly. The manufacturing of medium and heavy transport equipment has become an unprofitable business, according to an industrialist. Therefore, the capacity utilisation of truck and bus industry is less than 7 per cent as the production is 1000 compared to annual installed capacity of 15,000. Currently all passenger car ...

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