With China and India increasingly dedicated to pushing greener cars, the Asian market may drive the whole industry in that direction much faster than anyone expected.
In driving the news, the president-elect's "tweedicts" gain the power of implied threats.
Car manufacturers are warned that they must address climate change by switching to low-emission models—or face a sell-off of their shares.
The neglect of the Delphi story by mainstream and even progressive outlets such as MSNBC has been remarkable, particularly because neither Romney nor his campaign has denied it.
Mitt Romney and his wife made at least $15 million (and as much as $115 million) from the very taxpayer-funded auto bailout of 2009 that he opposed, while donors to Republican candidates made more than $4 billion by holding the auto industry and tens of thousands of American jobs hostage.
Just as Mitt Romney has locked up the Republican nomination on a boast of fiscal conservatism, President Obama's Treasury Department has said it expects to turn a tidy $2 billion profit from TARP and other extraordinary measures taken to bail out the financial industry.
Those who caught the Super Bowl broadcast Sunday might have heard Clint Eastwood's gravelly growl emanating from their sets during one of the big game's coveted ad breaks.
“Makin’ Thunderbirds” is about auto workers back in 1955 who were “young and proud” to be making Ford cars. But in the early 1980s, Bob Seger sings, “the plants have changed and you’re lucky if you work." Now America's plants make the deadliest of weapons.
Have you noticed that one of the Obama administration's most successful programs is also its most "socialist" initiative?
Don't expect to see a lot of newspapers and websites with this headline: "Big Government Bailout Worked." But it would be entirely accurate.