German Culture and Politics


Wednesday, September 20, 2006

Truck makers prepare for sharp turn (FT)

Truck manufacturing is a notoriously cyclical business but as the next downturn approaches, companies are going out of their way to protect themselves in the bad times.

With some kind of downturn forecast for most of the world next year, executives from all companies are implementing strategies such as increased internationalisation and greater labour flexibility in order to stabilise earnings.

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