U.S. Auto Manufacturers Are They Ready To Declare Bankruptcy?

U.S. auto manufacturers are facing more pressurechange. Toyota has found that the key may be in
from import manufacturers every year. They haveNascar. This could and will lead to other imports
already been feeling the heat from Nissan, Toyotagetting involved and taking the American out of
and Honda, but now with Hyundai taking a largerNascar. That would eventually happen as they have
chunk of the middle and lower range cars, SUV's andmore money and lower costs.
trucks this may be the start of the end of the likesBasically, with the laws the way they are right now,
of Ford and G.M.the U.S. auto manufacturers do not stand a chance.
Ford has already announced a restructuring and aSo the question is do we restrain trade with
projected cut of 30,000+ jobs. G.M. has recentlycountries like China and Japan, possibly hurt foreign
retired an old name brand Oldsmobile and is postingrelations, Make it more expensive to buy better built
losses on a regular basis. Delphi Corp., the largestand higher quality imports, etc... Or let democracy,
auto parts supplier for U.S. manufacturers has alreadyfree trade, and a capitalist society have its way
declared bankruptcy which makes buyers leary ofgiving Americans the best, safest vehicles, for the
future parts availability. Most of the other partslowest price? Regardless of how we make our laws,
suppliers are very close to or are currently declaringWalmarts or their equivalents will always prevail - the
bankruptcy.basic premise of Walmart's founder Sam Walton was
In the 80's when Chrysler was having severe finacialto sell the best products to consumers at the lowest
woes the government stepped in with million dollarprice possible. Look at what he did. In a period of 40
loans and other aid. The government is currentlyyears he went from one store to being the largest
reeling from Katrina, New Orleans, and the war inretailer in the world. Walmart has plans for 2500
Iraq. It can't afford to bail out Ford or G.M. The publicstores in China. Maybe the U.S. auto manufacturers
opinion is against a government bailout as thecould learn something here. Take the imports on at
economy is not its best. George Bush has too manytheir own game, stop paying multi-million dollar
other problems to deal with like high gas prices,compensation packages to executives that aren't
natural gas, Iraq, etc...fixing the company. Maybe they need to pay more
So, without a government bailout and no proposedattention to what brings the best results in
new laws to halt the outsourcing and outflowing ofadvertising at the least expense. Why is it that some
jobs and such to overseas giants like China andcompanies must spend millions on advertising and
Japan, it is only a matter of time before Ford andothers in the same niche get more results for much
G.M. go bankrupt. Toyota and Honda have beenless?
gunning for the number 1 spot and now that theyFord and G.M. need to rethink and come out with an
have it are not going to give it up. The only hope leftattack plan. Go after the imports at their own level.
is with the trucks. Both Ford and G.M. have a bustlingMaybe make a marketing ploy of America and what
truck business and it is their only profitable business.we may lose. The kids of today aren't growing up
The imports have tried to break into this market anddreaming of Shelby Mustangs and Corvettes. They
after quite a few years they have not had muchare driving Honda and Toyotas that they fix up like in
success. The majority of trucks are bought by diethe Movie The Fast and the Furious. Maybe its too
hard Ford or Chevy people. But, that may alsolate.