the big 3 have been reducing manufacturing here in the US to save money....yet they lost!!! The foreign car makers continue to move manufacturing to the US to save money and they are profitable.
The foreign auto companies create an expectation of costs per unit then put in place what it takes to achieve the costs.....including what they will pay per hour and what is expected in output in return. Every hour input and paid results in output.

The Big 3 are so far away from expected output per dollar paid it may not be possible for them to get there from where they are now. It is going to take a major shift in philosophy of the management/worker as well as manufacturing concepts. The incumbents are not capable of making the drastic changes required....they know too many reasons why things should stay as they are....including an ongoing incestuous relationship with the union.

Bankruptcy and a major enema to clean out the place...restructure under the courts...restructure the union under court order. When all else fails copy what the foreign car makers are doing at a profit. Throwing money at an industry that is MAKING NO EFFORT TO BE DIFFERENT only means either more money later or bankruptcy (or both). Do not give them the money.

As far as the BS the carmakers are offering about people won't buy from a bankrupt company....BS!!!!! Did not millions fly every day on bankrupt airlines???

The other change that is needed is for the American public start getting back to buying American....a not very popular concept for a lot of reasons...but a country with no manufacturing base IS NOT going to remain a world leader (for long). We are turning into a service society only.....so when things really hit the skids and the unemployment lines are long....I would like to quote Lee Ioccoca.....EAT YOUR IMPORTS when you get hungry!!!!!!!!!!

BTK