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Gloom recedes

14th November 1991
Page 13
Page 13, 14th November 1991 — Gloom recedes
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Which of the following most accurately describes the problem?

• A city analyst has predicted that the UK truck industry will start to haul itself out of recession next year with sales of vehicles over 3.5 tonnes reaching 35,000 in 1992, compared with 32,000 this year.

DRI/McGraw-Hill says sales will reach 40,700 in 1993 and 45,700 in 1994. This is still 34% down on 69,200 in 1989. The analyst expects the van market to recover quicker. But even here the volumes expected for 1995 are well below 1988-89."