Sputtering Auto Industry Chokes Suppliers - Barron's [View article]
With GM now down to three brands, Chevy, Caddie, and GM trucks, stronger US dollar coupled with supplier woes should bode well for certain foreign manufacturers. Assuming they have local-to-them supply chain unaffected by the US domestic market, availability of upper end BMW, Mercedes, Lexus, etc. models will hurt GM Cadillac sales.
Honda, Toyota, and to a lesser extent Nissan should have sufficiently deep pockets to either buy-out broke suppliers or at least keep them alive as their sales increase to take over what little GM and Chrysler sales void is created. Neither will be missed, in my view.
Sputtering Auto Industry Chokes Suppliers - Barron's [View article]
stronger US dollar coupled with supplier woes should bode well for certain foreign manufacturers. Assuming they have local-to-them supply chain unaffected by the US domestic market, availability of upper end BMW, Mercedes, Lexus, etc. models will hurt GM Cadillac sales.
Honda, Toyota, and to a lesser extent Nissan should have sufficiently deep pockets to either buy-out broke suppliers or at least keep them alive as their sales increase to take over what little GM and Chrysler sales void is created. Neither will be missed, in my view.