With sales plunging to levels not seen in decades, auto companies are seeking refuge in mergers or bankruptcy court. Other companies, like Magna and Fiat, are seeing opportunities in beaten-down automakers, hoping to buy them or form alliances on the cheap.
Putting Fiat, Opel, and Chrysler under one roof would have created a company with the capacity to build nearly six million cars a year, which would have made it the second-largest global automaker after Toyota.
http://www.nytimes.com/2009/05/30/business/global/30auto.html?_r=1&th&emc=th
As the title of this piece asks, will all this global auto restructuring result in a better automobile? Or is "more of the same" the order of the day?
Stumble It!