The merger of Chrysler and Daimler-Benz was motivated by the enormous excess auto capacity -- worldwide, probably 20 million units.

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America's government is working hard to revive markets for securitised debt, aware that banks lack the balance-sheet capacity to absorb all of those credit-card receivables and auto loans.

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The purchase added 7 million tons of steelmaking capacity, which strengthened USS in higher-end auto, container and construction products.

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Hyundai's new plant near Madras in southern India has an annual capacity of 120, 000 cars - quite large for a foreign auto maker and a new one at that.

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