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When will we see the first legacy automaker bankruptcy.

What year will see the first legacy automaker Bankruptcy

  • 2021/2022

    Votes: 0 0.0%
  • 2023

    Votes: 1 6.7%
  • 2024

    Votes: 3 20.0%
  • 2025

    Votes: 3 20.0%
  • 2026

    Votes: 2 13.3%
  • 2027

    Votes: 1 6.7%
  • 2028

    Votes: 1 6.7%
  • 2029

    Votes: 0 0.0%
  • 2030+

    Votes: 4 26.7%
  • Tesla will go bankrupt before these companies

    Votes: 0 0.0%

  • Total voters
    15

Radish11

Member
Jan 24, 2021
162
449
Usa
What year will see the first legacy automaker bankruptcy (or government bailout) due to the EV transition.

(We can narrow it to GM, Ford, Nissan, Toyota, Stellantis, Honda, Mercedes, Hyundai/Kia, BMW, VW, Mazda, Subaru for definition purposes)
 

ThomasD

Active Member
Nov 22, 2019
1,260
629
Breckenridge Co Ky
Since it is the legacy automakers are the ones that also build the heavy duty trucks I think it will be awhile. How much battery power do you need for an Ambulance or a large utility truck. Even a large snowplow truck. Even the electric fire truck has a diesel motor
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Rice&Curry

Member
May 9, 2018
469
233
San Jose
the trucking companies will survive longer as we still do not have a viable option to haul fully loaded big rigs over long distances on battery power.
 

jsimon7777

Member
Feb 1, 2018
418
310
Castro Valley
If any of these companies go into bankruptcy, it will be for the same reasons as when it happened to Chrysler and GM the last time around: mismanagement during a terrible economy coupled with a financial market that doesn't want to write a loan. The transition to EVs will will have little or nothing to do with it.

Meanwhile, the smaller makes are going to get swallowed by the bigger ones. Toyota has been eating Subaru for years. Renault essentially owns Nissan, despite the Japanese government losing their *sugar* over it. Toyota owns a hunk of little tiny baby Mazda. Also Mazda sells more cars than Tesla does.
 
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Radish11

Member
Jan 24, 2021
162
449
Usa
I went with 2024. Could easily have a bit of a recession by then and some of these manufacturers will have very undesirable vehicle lineups by then
 

kakazsh

Member
Sep 14, 2021
34
63
Florida
They won't. Just look who White House invited to their big EV event.
The legacy autos have something Tesla doesn't have, the politians who can bail them out.
 

Corndart

Member
Oct 11, 2021
296
319
Seattle
Oddly phrased question. Which US manufacturers have *not* gone bankrupt at some point? I'll give you a hint, the list is very short and one is Tesla. The number of defunct or bankrupt automakers is fairly lengthy.

Do you mean "which of the currently operating automakers will go bankrupt next?"
 

tangible1

Member
Jul 8, 2021
267
187
SoCAL
The 'Legacy' boys are all 'too big to fail' and have too many investors' money sunk into them for BK to be any factor in the near term.
Fanboys may want to see a dumpster fire, but it'll be a long wait.
 

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