More BMW recession problems?
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The CEO of the car marker Fiat has recently made an interesting statement.
Apparently, the crisis is having an important effect on the people from Fiat and they don’t want to take any chances. They have declared that they will take any measure necessary for the month of January, because they have no idea how many cars they will sell. According to the CEO, all car makers will have significant problems in the year to come and no one will be able to face the recession without extra help. In the case of Germany, Mercedes or BMW will have to merge with someone while the other company might have a chance of surviving.
I think that this scenario might be a little exaggerated, but you can never know what will happen in times like this.
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