Are General Motors and Ford Simply Repeating Past Mistakes?

The winds of change are upon the automotive industry, and while many investors are looking far into the future of driverless vehicles and widespread electrified fleets, the near term revolves around one clear trend: Consumers are leaving passenger cars in the dust. The move to SUVs and crossovers is a clear one, especially considering a recent report suggesting General Motors (NYSE: GM)and Ford Motor Company (NYSE: F)are about to axe well-known car nameplates.

Is this a good move, or a mistake similar to pre-recession strategies that could later haunt automakers?