actually, Chrysler is owned by Daimler, which makes it a German car company. regardless of what the official press releases may have said at the time of the merger, it was not a "merger of equals". why do you think they are suddenly coming out with all the cool RWD cars with basic functional designs?
and i KNEW there was a reason i liked Subaru- and if i go buy a WRX, i won't feel guilty about it.
I think the BIG players in the Global Auto Business (other than the American Companies) are Toyota, Honda, Nissan, VW and Daimler... which are NOT owned by GM or Ford. Some of subsideraries that are owned by GM and Ford in my opinion will be liabilities (Fiat, Jaguar...etc) and not assets... which typically are liquidated when the balance sheets starts to look goofy for short-term influxes of cash.
My guess is when Americans get "tired" of driving in SUVs and Trucks and starts buying City Practical vehicles (Cars)... GM, Ford and Chrysler are going to fall deeper in the hole.
As the Global Economy grows... and the US Economy continues to shrink (as manufacturing moves to China) the loyal American Car buyers (Blue Collar workers) will not be able to afford to purchace "NEW" GM or Ford products.
I hope I'm wrong... but that's how I see the reality of the market.
Roy, I mostly agree with all of that. Unfortunately, the times are changing in America.Probably the price of gas will make folks lean towards cars in lieu of SUV's. (I'll be reduced to a unicycle and a beanie here pretty soon ) Anyway, fuel cell technology, Government regulations on autos, etc. etc. etc. Seems a little bleak, but not quite the "Chicken Little" complex that plagues Garfield. Don't worry Gar, it's not quite as bad as they make it sound
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