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2009 Predictions for the Auto Industry

76 messages,  Last post on Mar 09, 2009 at 2:22 PM

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What is this discussion about? Automotive News


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#43 of 76
Re: Prediction? [nwng] by berri
Mar 03, 2009 (4:54 pm)
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Replying to: nwng (Jan 28, 2009 8:30 am)

If sales stay down in 09, I'm going to predict Ford finds a foreign partner so it doesn't have to take US Govt money and jeopardize its Ford family stock position.
#44 of 76
Re: Prediction? [berri] by lemko
Mar 04, 2009 (5:55 am)
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Replying to: berri (Mar 03, 2009 4:54 pm)

But who? Nissan? They have problems of their own. Toyota? I just read they're looking for $2 billion from the Japanese govt. Honda?
#45 of 76
Re: Prediction? [lemko] by bpizzuti
Mar 04, 2009 (6:22 am)
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Replying to: lemko (Mar 04, 2009 5:55 am)

Maybe Geely, as part of a deal for Volvo.
#46 of 76
Re: Prediction? [bpizzuti] by berri
Mar 04, 2009 (2:02 pm)
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Replying to: bpizzuti (Mar 04, 2009 6:22 am)

China and India come to mind, but how about this long shot - Hyundai?
#47 of 76
Re: Prediction? [berri] by steve_ HOST
Mar 04, 2009 (3:16 pm)
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Replying to: berri (Mar 04, 2009 2:02 pm)

Hyundai is already in Europe so what other market could Ford offer to them? Australia or South America?
#48 of 76
Re: Prediction? [steve_] by boaz47
Mar 04, 2009 (4:37 pm)
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Replying to: steve_ (Mar 04, 2009 3:16 pm)

"Hyundai is already in Europe so what other market could Ford offer to them? Australia or South America?"
 
And if they did partner with Hyundai and ever did decide to take any of the offered bailout they couldn't get it. In fact I wonder how Mazda would have affected any bail out?
#49 of 76
Re: Prediction? [boaz47] by steve_ HOST
Mar 04, 2009 (4:51 pm)
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Replying to: boaz47 (Mar 04, 2009 4:37 pm)

Hmmm, you just helped Berri's argument. Both Ford and Mazda benefited from that tie-in (and I was sorry Ford had to cut Mazda loose).
#50 of 76
Re: Prediction? [steve_] by berri
Mar 04, 2009 (5:48 pm)
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Replying to: steve_ (Mar 04, 2009 3:16 pm)

A full vehicle line-up and a massive dealer and parts distribution capability.
 
Ford doesn't want govt money. Its not just a marketing advantage, its protecting the family preference stock situation. If the family has to get out, a merger probably treats them better. I don't see how the govt will justify putting money in and pressing bondholders and others for givebacks when the Ford family has their sweetheart stock deal compared to regular shareholders.
#51 of 76
Re: Prediction? [berri] by boaz47
Mar 05, 2009 (9:28 am)
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Replying to: berri (Mar 04, 2009 5:48 pm)

To get together with Hyundai and the government intervention Korea imposes would be jumping from the frying pan and into the fire. As you must know the korean Government blackmailed Hyundai into buying Kia after they went BK. And the history of the event is well documented so it is of no surprise.
 
I hope Ford can hold on and I will not be surprised if Chrysler dies this year. GM looks like it could fold if something drastic doesn't happen to turn things around so Ford may be our only domestic traditional manufacturer. I know they would take a beating as a family but getting involved with anyone but Toyota or maybe Honda isn't going to help. Grabbing on to another person sinking in quicksand isn't going to help unless that person is being pulled out of the quicksand.
#52 of 76
It isn't just the US by boaz47
Mar 05, 2009 (6:26 pm)
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Just in case some think it is a local problem.
 
http://www.businessinsider.com/unsold-cars-around-the-world-2009-2
 
If car sales ever did pick up you know these cars will have to be massively discounted.

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