Bad management is bad management and no other excuse can apply. It does not matter whether a small business or a huge one, bad management will always end the life of a business.
In the case of the US auto industry (not the profitable foreign ones) the shareholders simply give the losers they put in as management huge bonuses and outlandish pay to steer the ship further upon the rocks. The effects of reward and punishment do not apply in the auto industry.
The auto industry is now using scare tactics to convince the public that disaster will occur since over 1 out of 10 jobs in this country are directly related to the AMERICAN auto industry. Well, look around......do you see how many in your neighborhood will lose their jobs if the AMERICAN industry fails? The MSM carry’s the water for the auto unions and management by propagating this myth.
It’s time to end this “blameless society” and make everyone totally responsible for their own failures. That also applies to the tics (union members) who have drained the blood of their hosts and now cry that the animal is dead.