Ax

The Autos and Mentality That Ruined Detroit

I am pretty sure, that if gas was 1,5 dollars again, GM would build a tank, because the US consumer would really love a "big dog" safe car.

While the rest of the world was thinking about the consumer (how much would a car buyer save on gas), GM thought about how much money it can extort from the consumer (who wanted to drive a panzertank on a road). The theory at GM was: why should we make a fuel efficient car (that needs some f...ing engineering, cost restructuring, price competitiveness), when we can just built a monster truck and put a price of... 200.000 $ on it?

And so they did it. Well, now that f...king engineering must be done by the government, with a bail out. GM, Ford, Chrysler. I would personally bail out Ford, because this car company at least tried to compete in world markets, while GM... did absolutely nothing.