The auto industry can be a ruthless business. A handful of automakers have witnessed this first-hand and, far too often, the consequences have been devastating. In the best of cases, a company can weather the storm of mediocrity until it finds its footing again, whether through its own perseverance or simply getting a lifeline in the form of another automaker. Volvo knows this more than anyone now that it’s thriving under Geely ownership after years of uncertainty. That said, not everybody is as lucky as Volvo. Countless automakers have bitten the dust over the years for one reason or another, be it because of managerial ineptitude or simply not being able to keep up with its rivals.