Maybe next year, but more likely the year after that, I believe Volkswagen will acquire Chrysler from private equity firm Cerberus. The pieces fell into place during NAIAS. Over the past few months it has become clearer and clearer that Cerberus is in over its head. And private investors aren’t in for the long term regardless. So they’ll do their… More →
Day: January 15, 2008
NAIAS 2008: My impressions, part 1
First, the bad news about this years North American International (Detroit) Auto Show: everyone I’ve talked to was at least mildly disppointed in this years show. There are no major introductions, and (by my count) only one introduction that wasn’t largely leaked in advance of the show. That one introduction: the Cadillac CTS coupe. I assumed this car was going… More →