One in ten jobs in America is dependent upon the auto industry. The idea, as I understand it, is if the automakers are able to retool, as R said, they will be able to make smaller cars the public will want to buy.

On the other hand, if the auto industry further tanks, one in ten jobs in America tank with it.

Just before all this started I bought a Ford Escape hybrid. It runs on battery (charged by the engine and the brakes) at certain speeds and some weeks I get as much as 41 miles to the gallon. I consistently get around 35. That is the kind of cars the US auto industry needs to concentrate on making.