Trailer RV Tire Covers Planned Collaboration
The exact extent of the planned collaboration in trailer tire covers companies is still unclear, but it does point up the growing involvement of the Japanese producers in the European light commercial vehicle sector. According to the EIU report: "More West European producers are beginning to adopt the maximum if you can't beat them, join them and the second half of the 2002 is emerging as an era of joint ventures and agreements between the West Europeans and the Japanese."Japanese imports rose rapidly during the first half of the 2002 particularly in the smaller European markets, which did not impose any of the controls or so-called "voluntary" quota restrictions that have served to limit Japanese penetration of the Italian, French, and Spanish and to some extent the UK market.