I think a lot of you hit the real issue, these brands aren't making cars at a competitive price. Lucky that Foxxconnnn didn't buy Nissan otherwise the cars would be built by 13 year olds doing 15 hour shifts like iPhones.
This reminds me of British Leyland. 5th largest global manufacturer in 1968, collapsed by 1975 with only a couple of brands escaping to be owned by Chinese brands today. Along they way they vacuumed up MG, Jaguar, Daimler, Rover, Land Rover, Austin, Morris, Wolseley, Mini, Triumph, Riley, Alvis,
Yes, they had other problems but the basic issue was the wrong production (and therefore retail) price.
If you are a car manufacturer and you haven't noticed China coming, its already too late.
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