One idea I heard on C-SPAN this morning was to chop them up and take the bailout money to instead build something like 12 hardcore engineering outfits to build cars of the future, then get startup people to pitch for an opportunity to run those outfits and/or commercialize them down the road.
I don't have any capacity for analyzing the pros and cons to this, but the idea of focusing on starting from innovation rather than trying to steer a big, unwieldy ship towards innovation sounds attractive.
I was just thinking this morning that if we had 10 or 12 companies that were all competing against each other maybe a few of them would have made some different decisions about what markets to search for.
I think breaking up the company is a good idea if we bail them out. It will spread out the risk and allow the companies to focus on a core market. It will also spread out the risk.
I think it makes sense if each plant was a separate car manufacture. Let them each decide what cars they want to make and give incentives for cars that have over 50mpg, and cost less than $15k. In times like these its time to start a revolution, and the car industry is a good place to start.
I don't have any capacity for analyzing the pros and cons to this, but the idea of focusing on starting from innovation rather than trying to steer a big, unwieldy ship towards innovation sounds attractive.