Auto industry – Do mergers really work?
Like all other industrial sectors, auto industry too has seen number of mergers and buy outs. Is the recent rumor about the merger of two giants GM and Chrysler true?
In a bid to recover from the tough market condition auto makers like General Motors and Chrysler might have planned to merge and face the touch competition together. The question that arises here is how will they compete against the similar product line up of vehicles? Both the companies have more or less similar range of car except for the successful range of minivans that Chrysler has.
Can the successful mini vans be the only reason for the merger?
As per some analysts minivan cannot be the sole reason for merger especially when both the companies have overlapping product line up of cars and car parts.
To some market / industry analysts this merger is the result of desperate move to survive but fail to understand who such merger will result in the benefit of the company or would be good for the US auto industry.
Both the car manufacturers are famous for the quality vehicle and the car part parts produced by them.
Car parts and car accessories of the famous brands of cars produced by these auto giants are commonly available through online sellers of car parts and accessories. You can find such car part at www.elitespoilers.com and www.autodirectsave.com too.