Auto Watch

Those who follow ED Futures know I have been concerned about the automotive industry for a very long time. I see major changes ahead. Here is the latest sign of major changes ahead in the industry.

I predict 2006 will be a time of great restructuring in the industry as it struggles to deal with it overcapacity issues and failure to innovate. This won't be pretty!

DaimlerChrysler has drawn curtains on its relationship with Japanese car maker Mitsubishi Motor, selling its remaining 12.4 percent stake in the company to Goldman Sachs for an undisclosed price. More here.