The number of State owned industries has now reached nine from five in the past.
In the corporate market, the industry reached saturation several years ago, he said.
The industry reached its peak in the 1920s employing around 18,000 people.
In the end, the industries and other parties did not reach a formal agreement.
If the industry reached that total, it would be the best auto sales year since 1988.
But this year, he said, the industry may reach $2 billion in sales.
Now, he said, the industry has reached a saturation point and a lot of companies are leaving the business.
The industry has also been reaching into new areas.
As a result, the industry reached its production nadir in 1995.
The industry, however, had reached a high of $1.8 billion in 1986 and 1987, the survey shows.