Thanks for an informative video. I’m sure your take on the ‘merger’ is entirely accurate. I also think we will continue to see consolidation in the Western and Japanese automotive industry. However- there is another factor not far down the line to consider: the likely, and fairly imminent implosion of the Chinese economy due to their real estate crisis, and other factors, such as de-globalisation. The Western automotive brands survived before the Chinese economic miracle, and, some will survive in scaled down form I’m sure. US protectionist policies will also hamper Chinese exports…