Stagnant sales are reflected in the decline of the industry’s 5-million-unit plant capacity to 60%-65%. Large discounts and even larger incentives have squeezed profit margins, forcing many automakers to shelve investment plans....More
Prospects for hybrids in India look good for two reasons: The cars may offer relief from rapidly rising costs of conventional fuels, and government subsidies may help offset relatively high ownership and operation costs....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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