candooman

3 Scenarios for The Future of the Auto Industry

In addition, parts manufacturers supply not just one car manufacturer but several. So, GM going down does not mean all its parts suppliers go down with it. Example: Borg Warner supply brake parts to about 20 manufacturers and autoparts stores and will survive easily. Also, when GM or Ford declare Chapter 11, they will still produce cars, this time, models people want, and in volumes the market wants.


On Nov 11 03:58 PM Tony C wrote:

> The "1 job in 10" number assumes there would be no auto industry
> left in the US. False assumption. Americans will need as many cars
> as they ever have. It's just a question of who would build them,
> and where. Chrysler already builds most of its cars (not trucks)
> outside the US.