Over the past few months everyone has been taking shots at the U.S. auto industry as our focus has turned to what went wrong with Detroit and if U.S. taxpayers should fund more corporate bailouts. Most notable was a recent Wall Street Journal article titled, “Just Say No to Detroit” on November 15, 2008 proposing no bailout for Detroit (subsequently we have seen “loans” extended to GM and Chrysler).
It is worth noting that amid the gloom from Detroit, there is real innovation in the auto sector coming from places like Silicon Valley, and yes, even Ford.
So, while for the most …

