Glenn Mercer
Former Partner, Automotive Senior Practice ExpertMcKinsey & Co.
Glenn Mercer was a Partner and Senior Practice Expert of the automotive practice at McKinsey & Company from 1985-2006. Mr. Mercer has over 20 years of experience in the automotive industry. He has worked in private equity for the last few years and was a Director of several automotive firms and the International Motor Vehicle Program at MIT, Wharton, and Tokyo. At McKinsey, Mr. Mercer worked with the management of many American, European, and Asian car makers, suppliers, and aftermarket firms on topics including distribution strategy, product development processes, technology introductions, dealership relations, supplier management, and purchasing strategy and tactics. He has also worked with dealerships, automotive insurers, used car specialists, truck firms, car rental companies, and automotive finance companies. (This is me - Update Profile)
| 1985 - 2006 | Partner, Automotive Senior Practice Expert McKinsey & Co. |
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GLG Study Groups with Glenn Mercer(?)
| Study Group Name | Members |
|---|---|
| Brake and Friction Components Experts | 61 |
| Compressors Experts | 68 |
| Sub-Prime Auto Lending Experts | 125 |
| Aluminum Wheels Experts | 19 |
GLG NewsSM Analyses by Glenn Mercer(?)
1. Honda is a "small" car company but a huge engine company.2. The new Honda diesel will be highly advantaged, if it works.
In the long run carmakers, especially the Detroit 3, indeed need to wean buyers off the incentives/discounts/rebates diet, but in the short run this may be almost impossible.
Certainly Ford's deep woes would lead one to think that sale of a few more brands would make sense, to raise badly-needed cash. Realistically this would mean Volvo and Jaguar go, but there are some other options.
With the recent slight deflation of the housing bubble, some expect a knock-on effect to car sales: do lower house prices lead to lower equity loan drawdowns and thus less funds available to buy cars? Evidence is mixed but the effect may be muted.