Car Industry Group to Public: It's Not All Our Fault, It's Yours Too

Story is here.

The U.S. auto manufacturers' main problem is that they have been building garbage the last 30 years. I don't fault them for selling what their consumers want, but they have been taking it on the chin from Japanese car manufacturers, especially Toyota and Nissan, because those companies make more reliable autos than Detroit/Mexico does. If you live in my segment of the U.S., everybody is driving Japanese cars.

Now that those big old profit center SUVs and trucks are liabilities in the $4 a gallon energy environment, they have only added to their problems by not being more forward looking. And this is the problem with corporate America: it is a creature of inertia and whines and throws tantrums like a recalcitrant four year old when it is asked to actually do something good not just for the country, but for themselves, too.

So these guys are dinosaurs and, increasingly, they hate the American worker and love Mexico anyway. Let 'em go bankrupt. Screw 'em.

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