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Britian used to have a vibrant "indigenous" car industry post WWII. Now the biggest English owned car company is Morgan, followed by Bristol.
GM and Chrysler will probably disappear (at least in their current form) and that will cause massive disruption to the American auto industry, but it will survive, just in a very altered form, and healthier than it is now.
I have heard that already, the foreign "transplants" (Honda, BMW, Toyota, etc) build more cars on US soil than the "Big 3" anyway--(correct / flame me if I've got that fact wrong!)
Don't believe me? What would have been the British response in 1946 if you said that in 2 generations Bentley and Rolls Royce would be German owned?
Please don't mistake this post for schenfraude, I'm trying to be objective.
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(As for) Michael Moore:Calling that lying liberal POS propaganda a documentary is like calling PARF the library of congress.
I knew it would happen, just not so soon...........
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