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I think Chrysler will fall to a market share of 7% next year and fail for good by 2013 when their share fall to under 5%. This company has little in the pipeline. Other than the Jeeps, the Dodge Ram and their minivans they have nothing to sell to a mass market. Fiat hasn't sold a car here since the early 80's and they pulled out of here for a reason they weren't very good. This was hail mary that won't work. Ford and GM I believe will survive.
Summary (rounded):
Total Car Truck Manufacturer
20% 8% 12% General Motors Corp.
18% 11% 7% Toyota Motor Sales USA Inc.
16% 6% 10% Ford Motor Company
10% 5% 5% American Honda Motor Co Inc.
9% 2% 7% Chrysler LLC
8% 5% 3% Nissan North America Inc.
4% 3% 1% Hyundai Motor America
2% 2% 1% Kia Motors America Inc.
2% 2% 1% Subaru of America Inc.
2% 1% 1% Mercedes-Benz
2% 2% 0% Volkswagen of America Inc.
2% 2% 1% BMW of North America Inc.
2% 1% 1% Mazda Motor of America Inc.
1% 0% 0% Volvo
0% 0% 0% Mitsubishi Motors N A, Inc.
0% 0% 0% American Suzuki Motor Corp.
2% 2% 1% Other
100% 51% 49% TOTAL
I think Chrysler will fall to a market share of 7% next year and fail for good by 2013 when their share fall to under 5%. This company has little in the pipeline. Other than the Jeeps, the Dodge Ram and their minivans they have nothing to sell to a mass market. Fiat hasn't sold a car here since the early 80's and they pulled out of here for a reason they weren't very good. This was hail mary that won't work. Ford and GM I believe will survive.
While market share is something most companies strive for, there is no "magic number" under which a company will fail. See Gary Siete's post to illustrate this.
I will never support GM or Chrysler, considering what obama did to the original investors and the "gift" he gave to the unions.
I'm sure those companies are shaking in their boots.
Quote:
They should have been allowed to go into a "normal" bankruptcy process, without a government intervention.
Why?
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