Bussing Turnover Up 25 per cent.
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'THE West German goods vehicle and I motor bus producers, Bussing Automobilwerke AG, of Brunswick, announce that they anticipate an increase of 25 per cent, in turnover for the financial year ending September 30. Total sales, of which between 18 and 20 per cent. are exports, are expected to he in the region of £20 million for the year.
Bussing, it is further announced, plans to increase its share in the West German 82 commercial vehicle market from eight per cent. to 10 per cent. Bus production capacity is considered sufficient, but more production capacity is required in the field of heavy goods vehicles, an increase to be brought about by the moving of the main works to a new site in Brunswick.
The Government of Lower Saxony has invited Bussing to bid for the OsterholzScharmbeck goods vehicle plant of the Borgward firm.