WAYNE, Mich. -- Is consolidation or expansion the future of the car industry?
It's an interesting debate. One one hand, Saab is flirting between life and death at the moment.
On other other hand, in the last five years a proliferation of brands – Tesla, Fisker, Aptera, Coda – have emerged and some Chinese manufacturers are trying to go global with their low-cost cars. Moreover, customers seem excited: Think has 2,300 people on a waiting list for its electric town car. New brands are a definite possibility.
Bill Ford Jr., Chairrman of Ford (still confirming any family relationship), was asked that question at a briefing last week. He recalled a project he worked on 25 years ago at the...