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If you’re looking
for a bit of Christmas cheer, I’d advise you to steer clear of Jerry Flint – he’s not exactly full of good
tidings. First, he believes that the new-car market in the US will shrink by nearly 10%, which isn’t going to
help any manufacturers. After that, it’s pretty much time for beating up on the domestics, with four
predictions:
- The US OEMs will continue to lose market share
- GM will replace Wagoner with
“another green eyeshade who understands nothing but a balance sheet” (ouch!) - The recent
promotion of European managers at Ford and GM should raise the question about the depth of talent in the US - GM will take one for the team and save Delphi
That sounds ‘bout right to me.