2 ms·
The foreign car companies are in a position to act strategically (unlike the domestics whose hands are so tied they can barely act). If the physical and human
by pchristensen 18y ago
The foreign car companies are in a position to act strategically (unlike the domestics whose hands are so tied they can barely act). If the physical and human assets of the Big 3 went on the market, Toyota and others would swoop in and buy them up, bring it up to date, and hire those recently unemployed workers to build cars for the US economy and to export. They wouldn't be city patrons of Detroit like the Big 3 were, but the Big 3 have been broke for so long that their patronage is just historical anyway.
I bet Detroit would be much better off if foreign car companies moved into the space abandoned by the Big 3.