Finally, someone who actually understands the auto industry. I agree with him that US auto companies are doing a better job than they are given credit for in the MSM. However, he does not talk about how they got into their current problems. GM and Chrysler need to make tough decisions and change their cost structure quickly to survive. Congress and the Washington liberals will only make things worse once they appoint a board with a political agenda to oversee the companies but not make the necessary cost savings. These politically appointed boards will force the auto companies to make bad decisions and ruin the companies once and for all.
The Big Three lost the American consumer's trust back in the 1970's. It was something they never should have toyed with, and something they will never get back. When it comes to a manufacturing a product that the consumer has to take out a 4 year loan to pay for, the end result has to be fulfilled satisfaction. Anything short of that is going to turn existing customers and potential customers away. These companys need to go away and reincarnate as someone else's creation. Turning the Big Three into a government organization is only going to take care of the UAW employees who have only added to the problems of the Big Three for the last 50 years.