Late in returning to this thread. You are all right, and I wasn’t particularly articulate. I am in no way in favor of a bailout, just lamenting what union greed, bad management and lack of progressive development caused. This is going to be ugly for a long time and not just in Detroit. But it’s a great time to buy a pick up or SUV at a deep discount if that’s what you like to drive. Some models are about 40% off in my local paper today.
“great time to buy a pick up or SUV.”
I bought a Tundra by Toyota made in Texas, and a Ford Mustang for my daughter made in Canada. Great deals.