To avoid a major collapse of the American auto industry, the Big Three are going to have to make some serious changes. Cleaning-house will be necessary if the carmakers are going to survive; including focusing on fewer models, consolidating dealerships, and striving to create better products than their overseas competitors.
It seems clear that the $25 billion that the industry is asking of Congress should come, but with several strings attached. No one favors the failure of one of the largest pieces of America’s manufacturing sector, but ‘trimming the fat’ is critical to ensuring that the current problems will not arise in the future.
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