Predicting the future is a risky proposition often filled with guesstimates and theories based on current events and hoped for consequences. At the same time, automakers are busy doing just that in anticipation of future consumer demands, emerging markets, fuel availability, and so much more. So, with all of that in mind and knowing that only God knows the future, here are some of my predictions concerning worldwide automotive production circa 2015.
Consolidation General Motors, Toyota, Ford, DaimlerChrysler, Peugeot/Nissan, Honda, Hyundai, Volkswagen, and some other manufacturers are likely to snap up competitors, especially in emerging markets. Nope, I do not see the end of GM or Ford. Instead, I see both automakers concentrating on what they do best: making money overseas. The big factor in all of this will be the impact that Chinese built cars will have on local markets. If the cars are fairly well made and priced below the prevailing market rate, look for several companies to join forces in a bid simply to survive. Look for low priced Indian built cars to be sold worldwide beginning early in the next decade.
Emerging Markets China and India are...
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