German Car maker Porsche and VW to merge
Have you ever driven Porsche? I read interesting news in BBC. That is German luxury carmaker Porsche and Volkswagen to merge in the near future. After moving, integration brand will be leading company in the world.
I think carmaker has so many that can not survive in the business circles.
Volkswagen has nine brands such as Passat, Golf, Jetta, Phaeten, etc. VW’s cars are not too expensive except Phaeten, Porsche’s sports cars are expensive. The vehicle such as expensive car and inexpensive one combine each other and then company produces new car, consumers are will be expect new car.
Have you ever driven Porsche? I read interesting news in BBC. That is German luxury carmaker Porsche and Volkswagen to merge in the near future. After moving, integration brand will be leading company in the world.
I think carmaker has so many that can not survive in the business circles.
Volkswagen has nine brands such as Passat, Golf, Jetta, Phaeten, etc. VW’s cars are not too expensive except Phaeten, Porsche’s sports cars are expensive. The vehicle such as expensive car and inexpensive one combine each other and then company produces new car, consumers are will be expect new car.
References"Carmakers Porsche and VW to merge" (2009, May 6). BBC NEWS. Retrieved May, 8 2009 from http://news.bbc.co.uk/2/hi/business/8036748.stm
I like Daniel's idea about competition and survival. In the US, there is a big controversy about the government helping car makers with problems, such as GMH and Chrysler.
ReplyDeleteI think that if a business is no longer competitive internationally, the government should let it fail.
What do others think? Should governments, say the Thai government, help businesses and industries to continue when they would fail in open competition? For example, should the Thai government continue to protect Thai banks from international competition? I think that is bad for the Thai economy and for Thai consumers.
Daniel,
Thanks for the thought provoking post. I know my comments wandered a lot, but it's a response writing, so that's OK.