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Who will be the next automaker to bite the dust?

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Old Mar 6, 2003 | 07:52 PM
  #16  
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Isuzu already announced that they are done in the US with passenger vehicles. They will always be here selling med. to heavy duty NPR's and such.

Olds is gone

If Suzuki is still here, they will be next. I know last year there was only 1 dealer left in Ct that would do warranty work on them.

I think the Daewoo nme is done.

I think the next major auto maker to go would be Hyundai. I think a 10 year warranty is a last ditch effort to unload cars herebefore they say goodbye. Its shame because The guy who started Hyundai is a genious. They are by far the #1 ship building compay in the world.
Old Mar 6, 2003 | 08:07 PM
  #17  
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Has Izuzu announced that yet? I haven't seen it.

FWIW, I don't think Hyundai is in any trouble. One does have to wonder what porsche is going to do after cayenne sales tank after a year or so, though..
Old Mar 6, 2003 | 08:21 PM
  #18  
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Hyundai will be bought out by DC before they go under, they are already going to make a 4cyl. with DC and mitshubishi.

What about scion (aka Toyota's Geo) they havn't even started selling cars, but with cars that ugly they shouldn't last long.
Old Mar 6, 2003 | 08:38 PM
  #19  
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Isuzu announced that like 4 months ago. I have an Isuzu NPR and I went to the dealer to confirm that t was just the passenger vehicle line and it was confirmed.
Old Mar 7, 2003 | 12:17 AM
  #20  
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Plymouth

Im gonna have to say Dae Woo. Im really gonna miss their exciting line of pavement pounding cars with loads of performance and sex appeal.
Old Mar 7, 2003 | 05:29 AM
  #21  
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Originally posted by Z28x
What about scion (aka Toyota's Geo) they havn't even started selling cars, but with cars that ugly they shouldn't last long.
I'm very curious to see how Scion does. Even if they don't sell well right away you know Toyota won't give up quickly...this is the way they feel they will reach the young car buyer market. If they are still around in 10 years building the ugly stuff they are coming out with now then there is truly no hope for the youth of America.
Old Mar 7, 2003 | 08:16 AM
  #22  
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How about one of the big fish?

http://www.portal.telegraph.co.uk/mo...07/ixcity.html
Old Mar 7, 2003 | 05:09 PM
  #23  
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I think Ford will rebound.

I didn't know about Isuzu though.Didn't they carry alot of GM powerplants and drivetrains???
Old Mar 7, 2003 | 06:24 PM
  #24  
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Re: How about one of the big fish?

Ford fights back after bankruptcy forecast
By Simon English in New York (Filed: 07/03/2003)


Ford is fighting gloomy predictions that it could be forced into bankruptcy, weighed down by debts of $150 billion (£94 billion), stumbling sales and a sluggish world economy.

A scathing examination of the motor icon's balance sheet by the analyst famed for predicting that WorldCom and Enron would go bust long before Wall Street realised those companies were doomed puts Ford's future in doubt.

Bill Ford: praised as hard working but his turnaround plan for the group has yet to inspire recovery
Sean Egan, founder of the Egan-Jones ratings agency, offers eight reasons why Ford could be in serious trouble including huge pension fund liabilities and a lack of cash to fund borrowings.

"If it didn't have the name Ford, it would be in bankruptcy right now," says Mr Egan.





I don't wany to believe this article. From where I'm standing, though, it sounds as if UAW retiree benefits are going to sink the domestic automotive industry.
Old Mar 8, 2003 | 07:10 AM
  #25  
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Considering the economy, I'm surprised car sales are still so brisk. I'm wondering if we'll see a retreat of several of the smaller companies back to their own shores.

Wouldn't it have been great if Subaru had bought Daewoo and changed their name to Subawoo ???
Old Mar 8, 2003 | 08:08 AM
  #26  
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Re: Re: How about one of the big fish?

Originally posted by redzed

I don't wany to believe this article. From where I'm standing, though, it sounds as if UAW retiree benefits are going to sink the domestic automotive industry.
GM spends something like $1100 Per Car on employee benefits. Part of the reason they are so hard on the incentives is to spread out this cost over as many cars as possible. If GM's sales volumes drop too much, the cost per vehicle ratio gets even uglier. GM feels if they can make it another 6-10 years, they'll clear the hurdle.

I don't know how much pension liability Ford or DC have, but its less but it is still a major problem.
Old Mar 8, 2003 | 07:42 PM
  #27  
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Re: Who will be the next automaker to bite the dust?

Originally posted by WERM
Which will be the next automaker (or division) to bite it or be fully assimilated into another?
I'll put in my opinion indirectly, by listing car companies I could really live without:

Isuzu
Mazda
Mitsubishi
any other 2nd-rate japanese mfg'er
Kia
Daewoo
Hyundai
any other 2nd-rate korean mfg'er
Renault
Citroen
Peugeot
Fiat
any other 2nd-rate european mfg'er

miscellaneous:
Jaguar
Lancia
Saab
Audi
Suzuki
Volvo
Scion.. kill it in the womb.

While we're at it, revive Olds and Plymouth. Don't care about Mercury's future fate.

gt

Last edited by kizz; Mar 8, 2003 at 07:45 PM.
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