US: Loan talk turns GM, Chrysler, buyers away
Author: just-auto.com editorial team | 20 March 2009
Fewer prospective new car buyers are considering General Motors Chrysler vehicles as consumer attention focuses on their calls for further US government aid, a survey showed.
just-auto articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
More articles related to this one
THE WEEK THAT WAS: Frankfurt lite
Given the current auto industry state of play, a slimmed down, eye-on-the-budget, Frankfurt motor show was expected, and so it proved. But, while visitor numbers were estimated off 25% to 750,000, several well-known Japanese brands (not including Mazda, which has long been popular in Germany) stayed away, BMW kept its tent folded and the lavish on-stand hospitality of some previous years was noticeably absent, the show was still the usual sprawl.
OPEL: Berlin defends state aid as UK complains
German chancellor Angela Merkel has defended her government's decision to aid Opel, sparking accusations of protectionism.
GERMANY: Profit opportunity shifting to suppliers - GM
Magna's planned buy of a majority stake in shows carmakers have lost the upper hand in the industry by outsourcing development work to suppliers and relying on them for technology, GM vice president Carl-Peter Forster said in Frankfurt.
Market research related to this article
State of the Automotive Industry - US
In a recession, consumers are more hesitant to make big-ticket purchases; automakers are responding by rolling out incentives that focus on making that purchase less of a burden on the pocketbook.
But beyond the general rebates and discounts, how ...
Supplying Fiat
The last few months have underlined the importance of the OEM customer base of each supplier for medium- and long-term strategic success....
