Yes. No one who lived through the '70s should be under any illusion that it
was "socialism" that killed American car manufacturing.
Sent from my iPad
On Apr 18, 2012, at 22:01, "Dave" <dave at ranteer.com> wrote:
> I have to agree. it was arrogance and naiivity that hurt detroit.
>
> one executive was quoted as saying "why would you buy a japanese car when
for the same money you can get a used chevrolet?"
>
> -----Original Message----- From: Max Heim
> Sent: Wednesday, April 18, 2012 8:26 PM
> To: MG List
> Subject: Re: [Mgs] MG Icon
>
> Not to start another flame war, but I have to say I'm curious where this
> viewpoint is coming from -- clearly, all manufacturers who sold cars in the
> US, not just the Detroit-based ones, were subject to the same government
> regulations. So how did this kill the "American car market", which seems to
> have survived to the present day? More different companies build cars in
the
> US today than did in the "unregulated" 1960s.
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