Very true. This is the domestic auto industry shooting itself in the foot and to boot spending lobbying dollars to do it. The history of US manufacturing being a source of pride for automakers is also over - the people with tribal knowledge have been laid off or forced into retirement. Foreign brands are the majority of owners in US auto manufacturing now, it's a complete reversal of US dominance in the niche and these moves only accelerate the demise of these companies. We are 5-10 years away from seeing another major domestic shutter operations.
Comments
Very true. This is the domestic auto industry shooting itself in the foot and to boot spending lobbying dollars to do it. The history of US manufacturing being a source of pride for automakers is also over - the people with tribal knowledge have been laid off or forced into retirement. Foreign brands are the majority of owners in US auto manufacturing now, it's a complete reversal of US dominance in the niche and these moves only accelerate the demise of these companies. We are 5-10 years away from seeing another major domestic shutter operations.