Cerberus got a company dependent on a narrow range of sales (trucks and sport utility vehicles), behind on key technologies, burdened by high U.S. labor costs (though the new labor contract with the UAW includes some savings) and having little presence outside of North America.
Over the next five years, 45 percent of electric utility engineers will be eligible for retirement, along with 40 percent of key power engineering faculty at U.S. universities, according to a report by IEEE.
In much the same way that consumers tend to reduce the number of cards in their physical wallets down to the key brands that deliver them the most value, mobile wallets will live or die on the utility they provide.