....General Motors announced last week that it was shuttering a dozen North American manufacturing, assembly and stamping plants and eliminating about 30,000 jobs. "But analysts immediately questioned whether the plan was enough, saying it lacked the speed and breadth that had helped rivals make comebacks," reported a front-page New York Times article, which later raised the specter of bankruptcy for what is still the world's largest car company. Although not for long. Toyota, newspapers report, is poised to take that honor early next year. GM, which in the 1960s made more than one of every two cars sold in the...