Wednesday, February 14, 2007

The Future of the Auto Industry as I see it

I read this story and concluded that the following scenario will most likely play out in the next 5 years.

The Daimler Group sells Chrysler to GM. Ford goes bankrupt and gets absorbed either by Toyota or Nissan. Honda goes for it alone. If Nissan does not merge with Ford - it will merge with Mazda and probably Renault in Europe.

I believe that to survive when attacked by a bear - you don't have to outrun the bear, you have to outrun your fellow camper.

Go GM!!

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