Truck rentals fall due to excessive rains, may push transporters closer to defaulting on loans: Report

Between 45,000-50,000 heavy trucks could be repossessed in the coming three months if the situation does not improve for transporters, IFTRT said. The capacity utilisation for transporters on their medium and heavy commercial activities was about 65% by the end of August.

from Auto-Industry-Economic Times https://ift.tt/34Xd428