Author: | Kuhfeld, H. Link, H. |
Title: | Rising demand for rail vehicles but downward pressure on prices to continue |
Journal: | Economic Bulletin
1996 : JUN, VOL. 33:6, p. 9-16 |
Index terms: | DEMAND RAIL TRANSPORT PRICES |
Language: | eng |
Abstract: | The division of the German railway system into separate operating areas as part of the "rail reform" and the regionalization of local passenger rail transport from 1 January 1996 are having their effects on the rail vehicles industry. Rising domestic demand for new and improved rail vehicles is to be expected in future as a result of the more stringent requirements made of rail vehicles in terms of adjustment to customer preferences and profitable operation. |
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