| CNN WEB SITES:
Going global may benefit automakers
January 5, 1999
|Auto industry seeks benefits of international business
Web posted at: 6:45 p.m. EST (2345 GMT)
LOS ANGELES (CNN) -- Last year's merger of Chrysler and
German auto-maker Daemler-Benz may have started a trend.
On Tuesday, Ford Motor Co. denied it is attempting to buy
Japanese car-maker Honda or German automaker BMW. Even so,
there's ample evidence that globalization in the auto
industry is the road to better customer satisfaction and, as
a result, a better bottom line.
Correspondent Charles Feldman reports on international
alliances and what they mean to the car-buying public.