It’s just like PanAm and TWA in the airline industry — they pissed away their legacy and they are now a footnote in American history.

There’s no stopping the inevitable when all the stakeholders are trapped by their own denial. Let GM, Chrysler and Ford follow their destiny and die — since you can’t reverse their longstanding culture of mediocrity.

New auto manufacturers will take their place, and earn the right to serve consumer transportation needs.

I owned a Chrysler Sebring once and even the dealer couldn’t find out what was wrong with it, after me spending $2,000 to try and find out… I ended up selling the car for $400… yep, $400. Which is less than the tires cost.

Why? because the Sebring was a money pit and broke down all the time, many times on busy highways where you could get killed by speeding traffic

So it was me or the Sebring.

I will NEVER buy a US made car again. They are krap.

Honda, Toyota, etc. (even those made in US) are well made.

So Detroit, you blew it with your krap product.

We taxpayers shouldn’t bail you out for your lousy products.

If any local business fails it cannot apply to Uncle Sam for a freebie. Why should the Big 3 US automakers get a freebie at taxpayer expense?

Let ‘em fail. They can sell their corporate jets and find something else profitable to do.