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At least the American brands have been useless and uncompetitive for decades. They were fading before the Great Recession as Japanese manufacturers were pushing
by MattGaiser 2y ago
At least the American brands have been useless and uncompetitive for decades. They were fading before the Great Recession as Japanese manufacturers were pushing them out of many segments, then got a second lease on life with all the gov money and have again found themselves flailing.
Volkswagen and Mercedes chose fraud over innovation when it came to environmental regulations.
They aren't great companies suddenly facing a brand new opponent. They have been consistently dysfunctional.
At a certain point, the companies need to prove they care about surviving long term.
- grecy 2y agoIt's even better! When the US automakers were told they would have to meet mileage targets that Japanese automakers had been meeting for over 10 years... they sued the EPA to say it's unfair! So they openly admitted they couldn't compete with 10 year old foreign vehicles. And they still got bailed out!