The global financial crisis is suffocating the Detroit automakers, but the problems at General Motors, Ford, and Chrysler have been festering for years—even when the mighty "Big Three" were earning billions. Aging factories, inflexible unions, arrogant executives and shoddy quality have all damaged Detroit. Now, with panicky consumers fleeing showrooms, catastrophe looms: Without a dubious federal bailout, all three automakers face the prospect of bankruptcy.
There will be plenty of business-school case studies analyzing all the automakers' wrong turns. But, as they say in the industry, it all comes down to product. So here are 10 cars that help explain the demise of Detroit:
- Ford Pinto
- Chevrolet Cavalier
- Chevrolet Astro
- Ford Taurus
- Ford Explorer
- Jaguar X-Type
- Hummer H2
- Toyota Prius
- Chrysler Sebring
- Jeep Compass
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