Car Makers' Boom Years Now Look Like a Bubble

The ultra powerful Car Lobby get the consumers access to cheap and inefficient cars and still enjoys great subsidies from the US government. It's part of the American Dream to own a house and a car, but since the car is an immediate necessity (Commuting & Lack of good Public transport) it's almost always the first bit ticket purchase in any household.  The Auto Lobby wastes more money on...

Autmotive OEM's have saturated the US market, and now must ride out the economic downturn. The astute OEM's are right-sizing for the US market,and the wisest among them are using US capacity to support the explosive growth of sales in China, Russia, India, and Brasil. What should emerge are more OEM US manufacturing operations that are supporting world car platforms. US factories could become...