Should The Germans Be Allowed To Dominate The Other European Automakers?

The word "blood" is often mentioned in connection with the crisis in the European automobile industry, a sector that accounts for about 12 million jobs.

Fiat CEO Sergio Marchionne, for example, complains that German carmaker Volkswagen is creating "a bloodbath" among its competitors with discounts. And French Minister of Industrial Renewal Arnaud Montebourg announced that France will fight "to the last drop of blood" for its industrial sites.

In fact, most European automakers are seriously wounded. In 2012, car sales in Europe reached their lowest level in 17 years. Sales have declined by 25 percent since 2007 alone, and there is no improvement in sight.

 

Patronus - 2/14/2013 1:41:00 PM

+2 Boost

What, are we going to sic some liberal government on them? That always works well - ha!

Let the market decided, based on the companies' products, who dominates. Its called free market capitalism and it works a lot like Darwin's theory of evolution.

scenicbyway12 - 2/14/2013 8:31:50 PM

+1 Boost

Europe is mostly liberal governments.

Maclaren is British
Maserati is owned by Fiat
Maybach is almost out of existence
And Jag & Rover are Indian

PUGPROUD - 2/14/2013 1:51:01 PM

+1 Boost

You got that one right Patronus...not bad for an " American automotive moron" (couldn't help myself since you said it). Just having fun, have a great day.

Yonder7 - 2/14/2013 2:52:15 PM

+1 Boost

Peugeot, Fiat....I do not foresee a good future for them...

Yonder7 - 2/14/2013 2:55:08 PM

+1 Boost

Americans are not in good position but I do not see them as other European companies that are going down...at least for now.

HughJass - 2/15/2013 3:54:41 PM

+1 Boost

If its because German products are superior, then why not? If its because they pull an Asia and put in laws and currency policy to protect their National Champions, then no.