GLG News by Experts in the Automotive Council

One thing GM dealers could always depend on was that GMAC, their primary source for retail lending and floorplan inventory financing, would always be there for them. Not anymore.

1, North America and Europe has seen a major reductions in car sales in current quarter however if you look at the age of average vehicle it is getting close to 6+ years which is coming close to end of the life. 2. As credit crisis comes to end, the consumers will come back for a state of art new vehicle....

1. There is too much excess capacity currently and eliminating one of Big 3 OEM would allow to get Big 2 to be competitive. 2. Toyota has been using "common worldwide parts" to help reduce design costs. This will allow Big 2 to "communize" parts. 3. There are currently large design centers for each...

BMW has been taking a lead over Volt in Electric Power cars. They have been testing products for a long time in Europe and now bringing it to US. Volt has not been yet road tested for US conditions. We are sure both companies will have some tough challenges before electric powered vehicle is available...

After just two years, Cerberus Capital Management seems to have enough of the car business. Will there really be any savings in a merger?

The mentioned possibility of a merger between GM and Chrysler, while interesting, upon reflection raises many questions. An industry plagued by overcapacity both in manufacturing and distribution needs the right scale of both. The political pressure to save jobs will be significant. How much synergy...

Whether or not talks of a General Motors and Chrysler merger come to fruition, the fact that talks have taken place at all signals a new direction for the U.S. supplier industry.

Sales results for September only added to the woes of OEMs, lenders, and auto dealers already suffering through their worst year since 1993. Could it get worse?

The idea of GM buying out Chrysler is an exciting idea.  GM was willing to pay up to five billion dollars for the Jeep Division just a few years ago.  Imagine a Cadillac with a Hemi engine and so on.  Both companies would benefit from this merger and it would be an exciting time in the...

Leadership at the top will just double the problem with the merger.