J.D. Power and Associates, the influential industry tracking firm, warned that the global auto market may "outright collapse" due to the lack of available credit and the general global economic conditions in 2009. According to the company, credit market restructuring, fewer leasing options, and declining owner equity are adding additional stress to an already burdened market. Don't turn to the automotive markets in China, Europe, or India either -- they are expected
One thinks of a classic cartoon when investigating the upcoming exploits of Toyota... "Whatcha wanna do tonight, Brain?" "The same thing we do every night, Pinky. Try to take over the world!"