Quote:
Originally Posted by AMERICA 123
Infiniti, Acura, and Lexus are not positioned for what's coming.
That's part of it - and the extra special yen subsidy profits are being gutted -with no mony to make in the JDM.
GM is dominating Russia, now one of the largest and fastest growing major markets on the planet - having just outgrossed all brands combined excluding HYUNDIA for the first 6 months of 2008.
The two companies situations couldn't be more different.
Hyundia/Kia always hurts the Japanese more than GM IN NA - they just outsold Nissan here and Nissan And Honda on a worldwide YTD total and actually outperformed Honda for JUNE in NA.
All his plans are readjusting - like everybody else.
|
for the dominance of GM in Russia, I wonder if it might be linked with the 5% of GM then the Russian billionnaire Oleg Deripaska currently own?
Also I started another thread about an article of Ghosn who mentionned a possible car consolidation coming
Renault chief expects car industry consolidation