Starting with statement (2)

Number of trucks and number of cars are provided, so statement 2 ALONE is sufficient to calculate the ratio.

Statement (1)

We do not know the actual numbers of cars (c) or trucks(t) produced last year, however the information we are given can be written as 1.08c = 1.5t which is sufficient to calculate the ratio.

So the

answer is D: Both Statement (1) and Statement(2) are ALONE sufficient.

Also note that we don't need to do the math to calculate the ratios.

Of course let me know if there was some trap that I missed

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