Great article from the Wall Street Journal's Paul Ingrassia that summarizes how and why the US auto industry fell to pieces. My favorite part was this telling excerpt:
In Detroit, amid worker alienation and the "blue-collar blues," Chevies, Fords and Plymouths rattled, rusted and rolled over -- and those were the good ones. The Ford Pinto's gas tank was prone to explode into flames when the car was hit from the rear, making the Pinto the poster product for corporate callousness.
