As we know Porsche will merge VW before long. In fact, the acquisition not only has no harm but also can integrate resources and promote the German auto industry, that is the most important reason for the EU to approve the merger case.
This merger can help Germany auto industry fight against Toyota and GM which are the most powerful auto industry in the world.
So who will be the king of European auto market in your mind, Porsche,Toyota or GM?
Quoting from [rebber]:only has no harm but also can integrate resources and promote the German auto industry, that is the most important reason for the EU to approve the merger case.
This merger can help Germany auto industry fight against Toyota and GM which are the most powerful auto industry in the world.
So who will be the king of European auto market in your mind, Porsche,Toyota or GM?
The answer to your question is in the lips of the automakers, they studied the market, and know their niches and selling point.
You left out the biggest auto industry in Korea, Hyundai.
GM and Toyota the kings?
FYI, Toyota sales for the second quarter this year for USA was 172,981 down by 10.3% compared with last June, and Lexus was 20,253, down by 21.1% compared with last year. Toyota beat GM sales by 2%. Mind you, we are only talking about the US market, but Toyota made it big in China and other markets.
READ:
http://www.theautochannel.com/news/2008/07/01/091622.html
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