Good article, thanks Bill. One addition though.
In 1975 the Honda Civic hit the U.S. All good reasons for the internal arrogance to tank them but the external influence of Honda pushed them over the edge IMHO> Very similar to the motorcycle industry in the late 60s.
We bought a Civic for $2700 bucks and it ran forever for a zillion miles per gallon. By 1980 Honda sales guys were just sitting in the showroom taking orders. We bought an 80 Accord selling the 75 Civic for $2,500.
