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A Modest Proposal For The U.S. Auto Industry: Stop Building Cars

djjkfn56, very good observations.
Detroit has made mistakes in the past but has been competing for years with one hand tied behind their back, when you consider the govt support for their competitors from Japan and Korea and being shut off from the Japanese and Korean markets through unreasonable govt interventions. Also do not forget the games these countries play with currency manupilations, which is common knowledge but the US is unwilling to call them on the carpet for.
Finally, I get tired of hearing these so called wall street types saying that Detroit does not build vehicles that Americans want . In reality, that is precisely what Detroit has done and Toyota and Honda had joined the frenzy by building full size trucks and SUVs to meet the American consumer's demands. The US consumer, until the $4/gallon gasoline crisis, was not interested in fuel economy, and if the US had an energy policy that forced consumer's to purchase energy efficient vehicles, ala Asia and Europe, the domestic industry would have been well served.