QOTD: Which Automaker Will Go Bankrupt Next?
So, naturally, we're wondering if any other automakers will follow suit.
Obviously we saw GM and Chrysler go boom during the bailout era, though both of those companies remain with us, albeit in slightly different forms. I don't expect any large legacy automaker to go through that sort of process anytime soon.
But it could happen with startups. Tesla remains popular but also has had all sorts of reliability issues and head honcho Elon Musk is, uh, erratic. Rivian and Lucid have gotten off to decent starts -- I've driven a Lucid and it was really good -- but the auto business can be nasty. Even when it looks like a small company has found a foothold, things can fall apart.
There are also midsize legacy automakers that could run into trouble. Mitsubishi is often speculated about, although the brand has told the world about its product plans.
What about y'all? What do you think?
Sound off below.
[Image: Fisker]
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Tim Healey grew up around the auto-parts business and has always had a love for cars — his parents joke his first word was “‘Vette”. Despite this, he wanted to pursue a career in sports writing but he ended up falling semi-accidentally into the automotive-journalism industry, first at Consumer Guide Automotive and later at Web2Carz.com. He also worked as an industry analyst at Mintel Group and freelanced for About.com, CarFax, Vehix.com, High Gear Media, Torque News, FutureCar.com, Cars.com, among others, and of course Vertical Scope sites such as AutoGuide.com, Off-Road.com, and HybridCars.com. He’s an urbanite and as such, doesn’t need a daily driver, but if he had one, it would be compact, sporty, and have a manual transmission.
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