• News

    Lunching Toward Detroit: Auto Hacks Predict the Future

    renoir_boating.jpg

    Casual observers of the automotive journalism scene (and doubly for those who couldn't give a shit), may not be surprised to know there's a secret society of A-listers who've met yearly since the 1960s to predict the future. These insiders gather in December at the Annual Predictions Lunch to crack wise, down a few rounds of whatever's closest and prognosticate on the industry in the coming year. It's an exclusive club that's invite only, made up of mainly major-market writers, ex-pats who've gone corporate (i.e., darksiders) and other knights of the reigning establishment. How's their record for predictions? "The results indicate that as a group, we're a bunch of fence-sitting non-declarers, no better at predicting the future than the folks we interview," said Jim Dunne of Popular Mechanics, one of the event's founders. Let's see what they have for this year.

    · GM chairman and CEO Rick Wagoner won't last the year. Ditto Bob Lutz
    · GM will file for bankruptcy or barely make it through the year without filing bankruptcy.
    · GM will engineer a financial turnaround and rebound in market share.
    · Management changes at Ford, though not big Bill.
    · Ford sells Jaguar, dismantles its Premier Automotive Group
    · Fusion sedan and upcoming Edge CUV will boost Ford's fortunes.
    · Bloggers will crash next year's lunch with a crack team of strippers in tow, but will be fought off by Motor Trend's black-ops squadron disguised as parking-lot valets (ok, we made that one up).

    2006 Predictions: The Lunch We All Wish We Had an Invite To [Edmunds]

    Related:
    Autoextremist's Christmas Advice [internal]

    Loading comments ...