How Much Automaker Consolidation Is in the Cards?
If General Motors ends up buying Chrysler from German parent DaimlerChrysler , would that spark further consolidation among automakers? CNBC's Sue Herera posed the question on "Power Lunch" on Tuesday.
Jonathan Fahey, associate editor at Forbes, said a potential deal between Japanese automakers Toyota and Nissan was not likely in the cards.
"I think Toyota is too healthy to do a deal. It has an incredible offering in every segment in the world," Fahey said. "Nisssan, which is always interested in partnerships, may be interested here, but the goal here for everybody is to reduce costs, especially in the middle of the market."