Business Services Industry
Automobile industry trends.
Kiplinger Letter, The, November, 1999
The automobile industry will experience a huge upheaval, driven by fierce competition, growing world markets and the Internet.
Fallout will affect customers, dealers, suppliers for years.
Automakers worldwide are consolidating and outsourcing work they used to do themselves. There are about 20 major producers today, but mergers and takeovers will eliminate more than half in a few years.
About six big global automakers will survive the next decade: General Motors, Ford, DaimlerChrysler, Toyota, Volkswagen and Honda. All will have a foothold in three big markets...N. America, Asia, Europe.
An even more drastic shakeout is ahead for parts suppliers. Their ranks will drop from 8000 now to fewer than 2000 in eight years. Overall business...
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