Auto News 5

It only stood to reason that the news media, after spending years erroneously explaining how our major corporations were doing a fantastic job, would fail to predict their own collapse, along with the meltdown of the American economy. And on the way to misperceiving the rest of the world's subsequent economic decline, we ought not be surprised that the smug business publications and cable TV screamers have also fumbled the facts underpinning the American auto industry's ongoing brush with extinction.