Or will they fall further behind?
By 2015 it seems quite obvious that Toyota and Honda will be pumping out more than a million small hybrid cars per year.
Will GM or Chrysler offer any small hybrids?
Certainly, GM will offer the Chevy Volt, but it won’t be either price competitive with these small Japanese hybrids, nor will it be profitable.
If efficiency is the driver of the future auto industry, how can GM and Chrysler compete in the new world order if they still cannot compete with the Toyota Prius or the Honda Fit hybrid either today, or in 2015?
Certainly the administration’s efforts to protect the US auto industry, particularly to save as many auto industry jobs as possible, are noble in intent, but will they lead to profitable companies?
Also, is it fair that the government will ultimately pump, minimally, billion into GM for its failures while Ford gets nothing for its business intelligence? Are we rewarding failure rather than success? Is that really the path to a healthy, profitable US auto industry?
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