China now driving car market

In the 1950s, America’s “Big Three” automakers (General Motors, Ford and Chrysler) were the pacesetters for our industrial dominance. They had the skilled workers, financing, mass production technology, sales networks, supply chains and customer base. In short, they had it all.

President’s Dwight Eisenhower and John F. Kennedy even tapped their CEO’s to be Secretary of Defense. “As General Motors goes, so goes the nation” was the commonly heard across our land.

However, in the last 25 years, our country’s manufacturing power has been increasingly challenged. As Japan and Germany rebuilt from W...