Remain patient
Page 4
If you've noticed an error in this article please click here to report it so we can fix it.
MANUFACTURERS will h many months to wait before mend for new commer vehicles picks up, according survey published by ICC E ness Ratios.
In a review of 100 comme vehicle manufacturers, imr ers, and specialist compar ICC says that the contir mothballing of vehicles operators will delay any imrr ate prospect of a recovery.
Return on capital fell by 24 cent over all the companie 1980/81, and, according to commercial vehicle manufar ers suffered a 12 per cent d Importers and distributors fered a 23 per cent drop, tr; manufacturers a 24 per drop, and component mane turers a 40 per cent drop.
Body builders did better, increased their return on cal by 10 per cent.
While there are already sr signs of recovery, ICC does expect a full recovery for mi facturers and compon suppliers before next year, even then it will be selectivi hauliers, rather than lc authorities, will be in a posi to dispose of larger sums money.
The Commercial Vehicles port is available for £112 f ICC Business Ratios, 23 Road, London, EClY 1AA.