Might boil down to the question – how many global automakers can the planet’s economy support?
The rule of 3 was touted back in the GM, Ford, and Chrysler days. With globalization, does that imply that we’ll end up with a small number of automakers for the world?
The party is over for US automakes unfortunately. When GM’s cash runs out, it had better hope that it has regained its footing and that the economy has turned around.
But, automaker’s dependence on a consumption-based economy (US) will be misplaced. They will likely depend upon growing economies like China and maybe India.
Who aside from Americans want to buy US cars and trucks? If we aren’t buying, Honda, Toyota, Nissan, etc will capture sales.