Last Updated Apr 30, 2009 11:03 AM EDT
This, of course, is an argument made by GM, Ford, and Chrysler. But's it's also the opinion of Daniel Arturo Heller, a visiting scholar at Harvard Business School. Here is what he writes in Give the Big Three Another Chance, published in the Boston Globe:
"If more people would give Detroit's cars and trucks a second chance by going to showrooms and taking test drives, they might like what they see -- from fuel-efficient engines to new safety and convenience features to comfortable interiors."Ironically, GM vehicles have enjoyed sustained growth in overseas markets while declining at home, he writes.
Even a few hundred thousand more car sales "would be enough to save an assembly plant or two. It would also go a long way toward reviving the sagging fortunes -- and public perceptions -- of GM, Ford, and Chrysler."
Do U.S. car makers have a bad wrap? Are consumers selling themselves short (as well as hurting an important domestic industry) by not at least considering a U.S. vehicle? After all, this is the second largest investment we are likely to make, next to housing. Shouldn't we do ourselves the favor of looking at all alternatives?