“There are too many car companies in the world: we serve about 30 automakers in eight countries. In our opinion, given economic indicators, competitiveness, and technological capabilities, the number of companies will shrink to five or six,” said Adam Jonas, an expert at Morgan Stanley.
Global automakers will last another 15-20 years, then inevitable “mergers and acquisitions” will follow. And the closure of brands. This process can already be observed now, for example, the creation of auto alliances or GM's closure of world-famous brands such as Hummer, Pontiac, Saturn.
According to the assumptions of “Car and Driver” magazine, in the near future, PSA Peugeot Citroen, Volvo, and the General Motors concern will face problems.
Earlier, AvtoPortal wrote that in March the Ukrainian car market collapsed to a record low.
