The Inevitable

The US auto industry tried to control the market. They interfered with public transportation initiatives (Los Angeles and urban rail). They sacrificed safety, innovation, quality, and customer service to increase profits (NTMVSA, 1966). They used the courtrooms to steal ideas and put innovative auto companies out of business (Preston Tucker & Robert Kearns).

These executives, lauded and compensated in the short run (100 years), destroyed their companies in the long run (present day). Toyota is number one and Hyundai / KIA is number four and moving on number three. GM is now second and Ford is fifth and both are losing ground. With the way they operated, this is their legacy and this result inevitable.