![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiQj_wOm-InwW47uSeCKX3A3VAeqhATZ2iwQT3nk9i84RZn7TlNTxTCsySnuCZXzftV9c5W7-qxeBRVcCQTk4LDU6QHQO7nY6XYRK18M8q1GPgQ7mn-u-1BDbN_7aV2pkwwffZdEPnJ2U/s400/big3a.jpg)
If you want to figure out why the U.S. auto industry is in deep trouble, while Japanese car companies operating in the United States are doing a bit better, this picture from
Mark Perry, an econ prof of University of Michigan, Flint, may be a good place to start.
Update:
Here is a discussion of where these differences come from.
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