The automotive industry is facing a few problems. High component prices such as steel and insane fuel prices. The Economist has a very good article on the state of the automotive industry as whole, as well as predictions on where things are going.
- Automobile manufacturers must be leaner and fitter
- Mergers do not work well, expected to be a thing of the past
- The French-Japanese deal that profited (Renault Nissan)
- The German-American deal that flopped (Daimler Chrysler)
- China and India markets