Survey: Should We Invest in the Car Industry?

George Monbiot thinks investing any more money in the car industry is bunkum.

The motor companies have repeatedly failed to anticipate trends in demand. They have carried on producing thunderous gas guzzlers long after the market collapsed. Every so often the bosses wring their hands about jobs, put out the begging bowl, get the money, then shaft their workers anyway. Like the bankers, they have wrecked their own industry. And like the bankers, they want the rest of us to pay.