The outlook was shared with investment analysts attending the Deutsche Bank 2013 Global Auto Industry Conference in Detroit.
In addition to the visitors, of course, every player in the global auto industry will be present and contribute to the heavy traffic.
Other big Japanese shareholders may yet come to Mitsubishi's rescue, but given the bloated state of the global auto industry, that would be a mistake.
That gave Great Wall, at least temporarily, the global auto industry's fattest gross profit margin at 28 percent, according to Bernstein Research analyst Max Warburton.
During the recent economic downturn that brought havoc throughout the global auto industry Ford saw production slump from 5.532 million units in 2008 to 4.817 million units in 2009.
If domestic car prices came down to reality a little bit, maybe the international automakers like General Motors (GM) and Ford (F) could sell more of them at a time when the global auto industry is still licking its wounds from 2008.
U.S. economic data due for release Monday includes the manufacturing PMI, the ISM report on manufacturing, construction spending, the global manufacturing PMI, and domestic auto industry sales.
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Industrial fabrication demand for silver is set to rise by 6% this year, according to consultant Thomson Reuters GFMS, led by accelerating economic activity in India and China, rising global auto sales and a steadying solar industry.
U.S. economic data due for release Friday includes personal income and outlays, the U.S. manufacturing PMI, the University of Michigan consumer sentiment survey, construction spending, the ISM manufacturing report on business, the global manufacturing PMI, and domestic auto industry sales.
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U.S. economic data due for release Friday includes the jobs report, the U.S. manufacturing PMI, the University of Michigan consumer sentiment survey, construction spending, the global manufacturing PMI, the ISM manufacturing report, and domestic auto industry sales.
Japan's auto industry delivered some cheer-free data Wednesday: Toyota's global vehicle sales plunged 21.8% in November, the biggest drop in eight years.
Still, many factories outside the auto industry have been hurt by a slowdown in consumer spending and weaker global growth that has dampened demand for U.S. exports.
Speaking of our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink.
As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink.
The former Boeing (nyse: BA - news - people ) executive will surely want a chance to get up to speed on the auto industry and Ford's troubles before diving into any talks of a three-way global alliance.
If China, which is investing heavily in developing a domestic auto industry, matches the U.S. in car ownership, it would exacerbate an already growing global problem.
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