[Tcoat]

LOL argues with me there will be no auto industry impact from this and then links an article that says much of what I said.

Fun times.

Barron’s spoke with Jonas recently about how the car industry can survive the shutdown, and how it might be left changed.

And of course, we were still selling cars [in 2008 and 2009] even though demand fell. The factories were still running and we didn’t have the complete weight of the fixed costs burden with virtually no production.

Because without that, what I fear is that if the auto industry loses the next two or three years due to economic shock, then we take a business that’s important for employment and national security, and we take its chances of being relevant in the global mobility market long-term, and we reduce it substantially.