Older readers may remember the FIAT, which was run out of this country in 1978 or so because even Americans used to Detroit junk wouldn’t buy the horrible things. Poor quality was legendary – FIAT’s parting gift to these shores was the Yugo and the technology was so dated it made Renault look like a modern car company. renault, too, had to quit town, after running full page ads apologizing for bringing their cars here but explaining that, in France, people “like tinkering with their cars on weekends” and they thought Americans would too.
So now we have a failed Italian company coming to the rescue of a failed American one, all subsidized by us taxpayers and run by the auto union. This is change, all right, but I see little hope.