Why would you consider bailing out an industry when most Americans wouldn't consider supporting these companies by actually buying their cars?
Notice the May 2008 sales numbers below. The American companies accounted for 44.7% of US market share.
U.S. Market Share by Manufacturer
| May 2007 | May 2008 | |
|---|---|---|
| GM | 23.8% | 19.3% |
| Toyota | 17.2 | 18.4 |
| Ford | 16.5 | 15.4 |
| Chrysler | 12.8 | 10.7 |
| Honda | 9.3 | 12.0 |
| Nissan | 6.0 | 7.2 |
| Hyundai | 4.6 | 5.6 |
| BMW (includes Mini) | 2.0 | 2.3 |
| Volkswagen (includes Audi) | 2.0 | 2.2 |
| Mercedes (includes Smart) | 1.4 | 1.8 |
American auto makers market share has been eroding for decades but now we're going to say to a taxpayer, you need to cough up money to bail out the business you won't support.
Socialism meet Evil..... the previous post spells it out about right.
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