The real problem is;
The products suck - there is nothing that is really competitive with the foreign cars, they are all stuck in this bigger is better.
The mid and upper management is too heavy for all companies, they need to trim upper management first.
GM still has the Sloan method of management which slows the entire company down but lacks the nerve to go back the aggressive marketing that it did under Sloan.
Ford Still has not followed through with the flexible manufacturing which if it would just take the advice of Mazda and work towards some real goals, the can reach the quality they need at the same time reducing the cost of each car.
Chrysler is finally moving to combine lines, remove products and trim production. They are the only company that can actually move forward with in the domestic market in the next few years.
ALL companies can promote the changes needed to keep production in the US, I think that really they want to but can't.
As for CEO's getting so much money, the stock holders are the only one's who should be concern with that, not the public. The cost of the CEO's pay is not much for each car produced. AND Henry Ford made more money being the president of Ford in comparison to today's CEOs but the cost of cars went down during his time.
No, recently the quality of the big three products are equal to the Japanese. It would be correct to say that the perceived quality of the US manufactured cars is less.
What an interesting thread, brings out all the union bashers.
C'mon folks, the UAW has some blame but it surely isn't all there fault.