The future of the global auto industry--the General?

I've long thought that Dennis Desrosiers is the best Canadian analyst of things automotive. But I think this article of his in the National Post is just nuts. An excerpt, reactions invited:

[...]

It appears that both GM and Toyota have the resources, global reach, technology reach, etc., to emerge in a stronger position by 2020 . Everyone else will have to find a safe haven and some will not survive. Some might try to mimic GM and Toyota and there may be room for one or possibly two others. Some might specialize and become increasingly successful in the particular niche in which they play. Some will likely just consolidate and be gobbled up by another friendly group. Some will take extraordinary risk and experience extraordinary growth. Some will take extraordinary risk and fail.

...the North American auto sector is well positioned to survive the industry's current restructuring...

Somehow I just can't see Buick's Chinese success making all that much difference:

...Buick sells more cars in China than in the United States, including a unique version of the Buick Park Avenue for the Chinese market that is often chauffeur-driven...

...especially given the current Chinese economy.

Mark C.

Posted by markc at November 20, 2008 07:56 AM