Chris Davis at Discovery News: Powrtalk:
Automakers must be allowed to fail if they are to succeed. To date they’ve been supported just enough to muddle somewhere above the line of failure. But failure at least allows concrete recognition that the current model does not work. Creating the possibility for new models, new incarnations of the existing companies, growing room for the emerging companies.
There are vibrant solutions waiting to be born. The death of the Big Three as we know them could create room for new life …
Or, we can pour oodles and oodles of taxpayer money into the Big Three, and help keep all of that automotive design talent and automaking expertise locked into the industry’s old ways of doing things (for a few more years, anyway).