Quote:
Originally Posted by jd10013
pretty spot on, but you over simplify a bit as the US car companies weren't just helpless victims. they brought about a good bit of their own problems by not building what people wanted and letting costs explode out of control during the good times.
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I would have had to write 3 or 4 pages to explain it the way everything happened. I lived through it and I saw what was happening and as early as the mid 70's I was telling people that were buying Japanese cars what would happen, and it did. One more point I will make. Because of US unions and labor rates in the US at that time, and that was now a fixed overhead, US companies had to make cost cuts somewhere trying to compete price wise with them and quality suffered exaggerating the situation and driving more and more people away.