Remember that whole "too big to fail thing?" Yeah, that didn't go over so well.
Now Chrysler Group is owned by the Italians, which actually doesn't seem to be a bad thing if you've been keeping up with the Joneses, and General Motors is getting back on its feet again.
While it's been sometime since that bleak period of economic uncertainty only so long ago, it seems that these two specific companies just became too big for their own good. Their ability to remain agile and in line with customers just wasn't there. Don't get us wrong, Ford got nailed pretty good too; however, they were quicker to react and thus shield themselves a bit from harm's way.
Things at Chrylser have changed for the better and I'd argue that they're making the best product as far as I can recall.
General Motors, on the other hand, has had some ups and downs. Take, for example, the Camaro and Cruze — both did well. BUT the Malibu was a stinker. The next Impala? It's a toss up. The new SS? It's two/three years too late.
It seems like we could be back on the same course to destruction again if folks don't wake up in Detroit.
Given the eagerness of China's biggest companies to penetrate the U.S. market, and also the status symbol of American products in their homeland, it seems only natural that if things were to head south — again — that someone from the Far East would be in line to pick up the pieces.
It's going on with Fisker, could it happen with General Motors?