Jeep Wrangler JK models roll off the assembly line at Chrysler Toledo Assembly Complex in Toledo, Ohio. American automaker Chevrolet got an overall score of 67, placing it 17th overall among automakers. German luxury automaker Mercedes-Benz earned a 66 overall score, placing it 20th on the list by Consumer Reports. In 2011, a state-owned Chinese automaker, Dongfeng Motor Group, bought 14 per cent of France’s PSA Peugeot Citroen, Europe’s second-largest automaker.
The admission of cheating ultimately cost the automaker tens of billions of dollars in fines and legal fees, making it one of the most expensive corporate scandals in history. Two points are key for automakers: 1) All of the disruptive forces dissected above — from circularity to the decline of the combustion engine and rising supplier power — will be accelerated by autonomy; and 2) For the first time, the auto industry will be subject to digital network effects, …Read More