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Thursday, April 30, 2009

Comments

Alex Tolley

The WSJ is just about the only ones who believe that CAFE is the problem. Yet the big 3 had problems even before CAFE, and foreign automakers don't seem to have a problem with it.

There is no question that management and unions are both complicit, much like they were in the nationalized industries in Britain and the newspaper printing business in Britain too. At some point both sides are going to have to learn the realities of business.

Frankly, I would rather Chryler and GM die, providing some market share opportunities for new, innovative car companies. Ford plus the rump of GM should be all that should be left of the US owned domestic auto business.

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