Oil at $140 is a large part of what tanked the auto industry.
True, but the auto industry as a whole can adapt if that becomes a long-term reality, even if some companies can’t.
How long was oil at $140.00 ? a year? maybe a bit more?
That factor may have played a very small factor in what destroyed a 75 year old industry. But, a large part, I would disagree.
The auto industry, in the USA, has been destroyed due to poor management and their inability to react to or predict market trends.
BTW, why did high oil prices only destroy the US auto industry and not that of Europe or Japan?