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Tyre crunch on the way

21st August 1982, Page 12
21st August 1982
Page 12
Page 12, 21st August 1982 — Tyre crunch on the way
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Which of the following most accurately describes the problem?

A RECENT report, Rubber Manufacturers and Processors, published by Business Ratios of London, states that the recession in tyre manufacture has been a period of rationalisation of manufacturing capacity which will have to continue until some tyre makers leave the market. Only then will productive capacity match demand.