I have a theory on why our auto industry is reaching extinction.

For a long time, our auto industry was run by men who were called the “car guys”.They were men like De Lorean, Iacocca and others who were engineers and people who loved cars.They were supplanted in the 80’s onward by men like John Smith and Rick Waggoner who were accountants or finance men who were interested in money and not the products.They were essentially money managers and not men interested in creating wealth through manufacturing.As they kept raping the corporations to pile on wealth for themselves,the product became secondary to the corporation and the high ground in quality and technology was ceded to the Japanese and Germans.Once the battle of perceptions was lost,the ending was inevitable.