Thursday, December 31, 2009

Can US Auto Industry Bounce Back in 2010?

General Motors and Chrysler almost died in 2009 while Ford could just hang on. Now, 2010 is starting and a new year should bring some freshness in the US auto industry. Well, it will be still a tough year because American companies suffered extensively last year. So, first of all, they have to come out from the bad condition and then they can think of a better time.
Asian automakers suffered too and they will be eager to make up for the losses. I think that this year, the main battleground among the car companies will be Asian countries like India and China. Both of them have huge room for growth.