I'm more interested in the last attempt at a gasoline car startup that actually worked. Ford and GM absorbed a bunch of different auto makers like Cadillac and

I'm more interested in the last attempt at a gasoline car startup that actually worked. Ford and GM absorbed a bunch of different auto makers like Cadillac and Lincoln, but most of those were founded pre-1950. My point is that there is something to it if, on one hand, the industry stagnates without forced improvement through regulation like CAFE while at the same time nobody can enter the market disruptively. Since the stagnation period indicates that trying to brush it off as legitimate competition is wrong, it implies there is market collusion or some other force impeding disruption of a noncompetitive market.