Chapter 3

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For all the complaints that you hear of executives plundering and ruining companies, they seldom plunder an entire industry right out of business, as the unions did with the US automobile industry.

Business-challenged dummies are always trying to blame management thus: "The American Auto companies wouldn't build the cars that people wanted." Oh yeah? What was the Number One selling vehicle in the US for the last, oh, 20 years? The big Ford F-150 truck. The big Chevrolet Silverado is high on the list too, and it might be Number One or Two if its count included its identical twin, exact same truck, with the GMC nameplate.

What are Number Three and Number Four? Two Japanese intermediate-size sedans, Toyota and Honda, which are exactly the same size and shape as the intermediate sedans that are Detroit's bread and butter. I can't help it if the American contestants are inferior.

The point is that Detroit builds whatever people want. Why wouldn't they?