Archive for the ‘Cars, Aircraft & Public Transport’ Category

Car Industry needs Consolidation or Niche Players?

2 out of 3 American car makers have filed for bankrupcy. Once glorious massive GM has entered Chapter 11 and already handed its European arm (Opel/Vauxhal) to one of its parts suppliers, Magna, and a state controlled Russian Bank (was there ever any cold war outhere?) while Chrysler has been handed over by the Obama [...]