moparnut
Administrator
It has now been several weeks since Sergio Marchionne set loose a storm of commentary by saying that the industry still needed to consolidate, pointing to the rising costs of automotive engineering and the essential similarity of key parts.
Any of this could have been stated in 1970. Each of the Big Three had a similar straight six engine, each had similar small V8s and large V8s, and similar transmissions. There were some that were better, some that were worse, butnone that were so far beyond comparison that a customer would buy the car to get the part — like people later did to get Cummins diesels in their pickups. At the time, the automakers were also facing their first pollution and safety restrictions, as well — kicking and screaming over seat belts, evaporation recovery systems, reflectivesidelamps,etc. (...) →
Have “Merger Mania” Comments Hurt Sales? is from Allpar News.
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Any of this could have been stated in 1970. Each of the Big Three had a similar straight six engine, each had similar small V8s and large V8s, and similar transmissions. There were some that were better, some that were worse, butnone that were so far beyond comparison that a customer would buy the car to get the part — like people later did to get Cummins diesels in their pickups. At the time, the automakers were also facing their first pollution and safety restrictions, as well — kicking and screaming over seat belts, evaporation recovery systems, reflectivesidelamps,etc. (...) →
Have “Merger Mania” Comments Hurt Sales? is from Allpar News.
More...