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| The Pub For General Automotive Related Talk |
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20-02-2020, 01:07 AM
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FF.Com.Au Hardcore
Join Date: Nov 2009
Location: Perth
Posts: 1,657
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GM is next.
I've been reading the past few pages about Chinese companies and whether they will ever be good. I think China themselves have already decided they're good enough because GM and Ford are already taking a bath there (E: in the past 2 years GM sales down over 20%; ford sales dropping by 50%), with the Chinese buying more local cars and not GMs or Fords. Soon that's going to be global, people not looking to USA car companies anymore in Asia and the trend will spread. All GM's market outside of North America is South America and China, they are losing so many sales recently so GM is almost done because they exited every other market. https://wolfstreet.com/2020/02/18/ge...-its-too-late/ Also ford is being dumb investing in rideshare, car share and scooters losing billions https://wolfstreet.com/2020/02/06/fo...-its-too-late/ Last edited by oldel; 20-02-2020 at 01:16 AM. |
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Re: Will the Holden brand survive?
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