QOTD: Which Automaker Will Go Bankrupt Next?

Tim Healey
by Tim Healey

Fisker filed for Chapter 11 bankruptcy today.

So, naturally, we're wondering if any other automakers will follow suit.

Obviously we saw GM and Chrysler go boom during the bailout era, though both of those companies remain with us, albeit in slightly different forms. I don't expect any large legacy automaker to go through that sort of process anytime soon.

But it could happen with startups. Tesla remains popular but also has had all sorts of reliability issues and head honcho Elon Musk is, uh, erratic. Rivian and Lucid have gotten off to decent starts -- I've driven a Lucid and it was really good -- but the auto business can be nasty. Even when it looks like a small company has found a foothold, things can fall apart.

There are also midsize legacy automakers that could run into trouble. Mitsubishi is often speculated about, although the brand has told the world about its product plans.

What about y'all? What do you think?

Sound off below.

[Image: Fisker]

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Tim Healey
Tim Healey

Tim Healey grew up around the auto-parts business and has always had a love for cars — his parents joke his first word was “‘Vette”. Despite this, he wanted to pursue a career in sports writing but he ended up falling semi-accidentally into the automotive-journalism industry, first at Consumer Guide Automotive and later at Web2Carz.com. He also worked as an industry analyst at Mintel Group and freelanced for About.com, CarFax, Vehix.com, High Gear Media, Torque News, FutureCar.com, Cars.com, among others, and of course Vertical Scope sites such as AutoGuide.com, Off-Road.com, and HybridCars.com. He’s an urbanite and as such, doesn’t need a daily driver, but if he had one, it would be compact, sporty, and have a manual transmission.

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2 of 77 comments
  • 1995 SC 1995 SC on Jun 21, 2024
    Fisker 3.0
  • YaMoBeThere YaMoBeThere on Jun 28, 2024
    Polestar, its on its way to becoming a penny stock and is being completely divorced from Volvo. They make niche (cool) products with no name recognition, built in China but priced 2x more than they should be... this is not a winning combination.
  • VoGhost Fantastic work by Honda design. When I first saw the pictures, I thought "Is that a second gen Acura NSX?"
  • V16 2025 VW GLI...or 2025 Honda Civic SI? Same target audience, similar price points. Both are rays of sun in the gray world of SUV'S.
  • FreedMike Said this before and I'll say it again: I'm not that exercised about this whole "pay for a subscription" thing, as long as the deal's reasonable. And here's how you make it reasonable: offer it a monthly charge. Let's say that adaptive headlights are a $500 option on this vehicle, and the subscription is $15 a month, or $540 over a three year lease. So you try the feature for a month, and if you like it, you keep it; if you don't, then you discontinue it, like a Netflix subscription. In any case, you didn't get charged $500 up front the feature. That's not a bad deal.In my case, let's say VW offers an over the air chip reflash that gives me another 25 hp. The total price of the upgrade is $1,000 (which is what a reflash would cost you in the aftermarket). If they offered me a one time monthly subscription for $50 to try it out, I'd take it. In other words, maybe the news isn't all bad.
  • 2ACL A good car, but - at least in this configuration -not one that should command a premium. Its qualities just aren't as enduring as those of Honda's contemporary sports cars. For better or worse, this is a formula they remain able to replicate.
  • Jalop1991 I just read that Tesla's profits are WAY down "as the electric vehicle company has faced both more EV competition from established automakers and a slowing of overall EV sales growth." This Cadillac wouldn't help Tesla at all, but the slowing market of EV sales overall means this should be a halo/boutique car. Regardless, yes, they should make it.