Isn't auto industry future still in the hands of consumers?
May 22, 2009
It's hard to live in Michigan and not follow the daily tribulations of the auto industry. But, aren't we forgetting that the future of car-making will still be determined by consumers.
What happens if new car buyers decide not to respond to GM's and Chrysler's product offerings?
Is there a magic wand in Washington, D.C. that will control the buying habits of the public?
Remember several months ago when a whole lot of folks got real nervous about GM and Chrysler going bankrupt. The white knuckle types saw the end times for Michigan if that happened.
Now it's happening.
But ultimately its up to the car buyer. Right?
Maybe the free market should have been allowed to work.
It would have been a lot cheaper for the taxpayer.