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I have to agree with much of the opinions stated here. Personally, everyone I know who has bought cars in the last 3 years have been purchasing Toyotas, Mazdas, Nissans, and Subarus.
When I was in the process of purchasing a car in 2006 I was astounded by how poorly most of the American cars did in crash tests, many did not even come with side airbags. I bought a Subaru wrx because I actually wanted to survive a car crash.
Additionally I think Ford and GM have the problem that they make the same undesirable vehicle three times over. For example the Ford Fusion = Mercury Milan = Lincoln MKZ. None of these renditions of the car are attractive, why are they being made in triplicate? At the very least eliminate the Mercury brand.
Unfortunately I believe the domestic automakers will get some sort of loan from our government. Not only would the job loss from the companies and their suppliers be astonishing, but their corporate bonds/credit are sloshing around everywhere in the markets.
The question is, how long could we as taxpayers afford to keep companies alive that lose billions of dollars a month?
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"A casual stroll through the lunatic asylum shows us that faith proves nothing." - Friedrich Nietzsche
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