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Automotive News Europe, May, 2004
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I wed thee, I wed thee not
Renault Chairman Louis Schweitzer has a contrarian view on auto industry consolidation.
"Fifteen years ago, pundits predicted that only five carmakers would survive: two in Japan, two in the US and one in Europe," Schweitzer quips. "In fact, what we had was a raft of divorces, like BMW and Rover, or broken engagements, such as DaimlerChrysler with Hyundai and Mitsubishi and GM and Fiat."
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Asked about the most likely fate for Fiat, he replies: "If Rover is still alive, there's no reason why Fiat should not be alive in 50 ...
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Most Popular Articles in Autos
- Service Slants
- 2007 utility vehicle buyer's guide: Side-By-Sides are popular; here's who ...
- Transmission considerations: beyond the manual gearbox
- Buell Motorcycle engineering, innovation, & dedication: in an industry ...
- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
- More »