TO THE EDITOR:
Most of us who decided to play the guessing game about the composition of the global automotive industry by 2040 are already wrong. That is, who would have forecast the merger of FCA with PSA? Add to that the virtual evisceration of General Motors by its own management, i.e., the sale, or giveaway, of Opel/Vauxhall to PSA. What could possibly be next?
After the merger, in which country will the globally diversified FCA-PSA headquarters be? Allow me to throw in my two cents.
I suggest FCA-PSA acquire Geely in China. Why? Although the group is already in China with Dongfeng, ownership of Geely will inherit Volvo as well.
Besides automobiles, Volvo manufactures a huge range of products from heavy-duty trucks, construction equipment, marine and commercial engines, etc. Then, we could put Sweden on the list of possible national headquarters. Not a bad choice. And, for some icing on the cake, how about a bid for Koenigsegg?
In short, the new FCA-PSA group would become the truly global "General Motors" of the future, replacing the current so-named company that has been relegated to becoming an American company doing business abroad.
RICHARD HERDEGEN, Bloomfield Hills, Mich. The writer is a retired General Motors executive.