The price of GM's continued existence

I was about to write a spirited rant about the blatant folly of bailing out disgustingly retrograde American car companies, but Lisa beat me to the punch. If you really want to know my thoughts on this, you can find them in a comment on Lisa's post.

But I do want to add one key point. If GM continues to exist and generally suck at making cars, it limits the abilities of more innovative startup companies to grow and gain market share. Companies making cars like the Aptera.


This beauty is actually ready for production, but auto industry regulations essentially written by GM lobbyists are making the producers jump through hoops just to get it on the road. Why does our government hate the car of the future?