An interesting article appeared in TheWall Street Journal last week that should, by rights, set Detroit's Big Three automakers to scratching their collective piston heads. Nissan Motor Co.
Rival island automaker Toyota's
You don't hear much along those lines from Hummer-maker General Motors
Premise 1: Japanese carmakers have been stealing U.S. market share for decades.
Premise 2: Two of the most successful Japanese carmakers are clearly focusing their energies on building and selling stylish, fuel-efficient econoboxes.
A Fool has to wonder: Is it really logical for Detroit to continue to focus on building gas guzzlers -- or are American automakers once again dooming themselves to lose the auto wars?
For more Foolish commentary on the automobile industry, read:
Fool contributor Rich Smith is not a certified "car guy," so before he bought his truck last year, he consulted the experts on The Motley Fool's Buying and Maintaining a Car board. He owns no shares of any company mentioned in this article, but he does own a Chevy S-10 than consumes an inordinate amount of gasoline for its size.