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Extinction of the predator - The global car industry.(Industry Overview)

Economist (US), The, September, 2005

How merger mania has been a disaster for the world's great car manufacturers

THE star of the huge Frankfurt Motor Show, which opens on September 12th, may well be the latest luxury Mercedes-Benz S-class, the model on which the German company is relying to repair its faded reputation for superior quality. But the more significant event at the show will be the presence on display for the first time of three different vehicles made in China by local firms and destined for export. Already the first Chinese cars for Europe's roads are being unloaded in Rotterdam. Plans are well under ...

 

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