Peter Drucker made GM as the example of corporate management in this book Effective Executive. But now GM is not even a shadow of its old self, European and US brand Chrysler have consolidated under the name Stellantis. And now they are facing lay offs.
Even VW thought to be invicible with its strong bandas like Audi and Porsche is closing down plants.
Why?
It has something to do with the search for zero emissions. What is the next big bet The industry is de emphasizing Interanl Combution engine.
And thus favors:
1. Tesla and BYD with EVs,
2. Toyota for the hybrid
3. Toyota and Hyundai for the fuel cell.
Thus in the local setting, we see more investments in dealership of BYD and Tesla. What happens to the huge investment for dealership and sales offices of ICE? The emphasis has shifted.
IN the next decade or so, we see different new players for automotive industry. There will be loser and winners.
It does pay to ask the question : what will be the industry 10 -20 years from now. You better make your investment in the right direction/trend.
Todays winners may end up tomorrow's loser. However, we do not need a crystal ball, We can see the trends.
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