This is very true, and well said. Remember that the auto industry was in crisis. The big three were on the verge of bankruptcy. The government offered money with strings. Two of them took the money Ford did not. The two that took the money went into bankruptcy while Ford did not. This would lead me to believe that Ford has a better chance of survival. The cash for clunkers mess proved that. The cars people are buying are not GM or Chrysler but Hyundai, Honda, Toyota, and near the bottom Ford followed by GM and Chrysler. I just bought a Hyundai because they make good cars at a low cost. I was afraid of the Big Three companies because I have no idea what the government will do to them.

What will happen the day we start creating flying vehicles and companies like Boeing, Airbus and Cesna become the next personal transportation companies to succeed the Auto Industry? Will we be bailing the auto industry out again because they too big to fail?

As taltamir put it, sometimes big comapnies have to fail when they are not working properly to allow newcomers to offer better alternatives. How are the new generation of people suppose to become the next Henry Ford, Bill Gates and Coronel Sanders if these companies exist forever at the top dogs?

Thank you paladin.

Charles, it is interesting you mention that...

one of the newcomer to the auto industry, along with tesla and a company that makes an all electric plug in pickup, is a company that makes a car with retractable wings, it fits in the garage and works as an ultra light air vehicle when in winged mode.

Flying car: http://www.terrafugia.com/

All three companies could have benefitted greately from the closing of incumbants...

And how would ford had done had it bought liquidated GM and chrysler portions?

Add to that the air car that is coming out. It is a car that runs on compressed air. Gets about 125 miles on a charge and the one designed for America has a small gas engine to recharge it extending the mileage to two thousand miles to a tank of gas. We could use it but it is hard to break into the American market with the Big Three running the show.

Here is a quote from their site.

“Barring any last-minute design changes on the way to production, the Air Car should be surprisingly practical. The $12,700 CityCAT, one of a handful of planned Air Car models, can hit 68 mph and has a range of 125 miles. It will take only a few minutes for the CityCAT to refuel at gas stations equipped with custom air compressor units; MDI says it should cost around $2 to fill the car’s carbon-fiber tanks with 340 liters of air at 4350 psi. Drivers also will be able to plug into the electrical grid and use the car’s built-in compressor to refill the tanks in about 4 hours.”