Sunday, August 30, 2009

#1 auto maker and future #1

There are three auto markets
American: GM, Ford, and Chrysler.
European: Mercedes, BMW, Audi, VW, Rang Rover, and Jaguar
Japanese: Toyota, Nissan, and Honda.

GM is the #1 Auto Maker, but with this economy i wouldn't be surprised if they don't get knocked down a few pegs.
i can see in the next year or so in Toyota becomes #1 then ford and GM in 3rd place
ill tell you my reason for this
when the Big three ( GM, Ford, and Chrysler) went in front of Congress to get bail outs
they were ask if they shouldn't just declare bankruptcy they all said no.
when it came down to it GM and Chrysler were the only ones that accepted a bailout
Ford a few month earlier had sold a few of their brands ( Jaguar and Rang Rover)
which gave them a cushion in finances.
after GM and Chrysler got their bailouts GM stock nearly Crashed and Ford stock sky rocketed
at the end of 08 ford stock was around $1.20 its now close to $9.00.
"i wish i would have bought in to that."
but ford has the #1 selling Vehicle in the wold F150
selling close to a million a year.
but even with that i don't believe ford can be #1
Toyota sell almost the same amount as GM, and if you watch the news you'll know that GM is getting reid of 2 brands and selling 2 more
while Toyota has always has Toyota and Lexus.
I can see a major change in car sells and who will have the rights to call them self #1 auto maker.
the European Auto market hasn't really changed all that much, Mercedes is the top seller in Europe.
while BMW is more focused on Performance, Mercedes is focused on luxury and power.
"i perfebly like Mercedes better because they were the first auto maker in the world ."

MY FAVORITS IN EACH MARKET:
American: Ford
European: Mercedes
Japanese: Honda

thanks for reading

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