Insurance companies and lawyers exist and I do not see how they make anything better or safer.
Mean while thousand of people die while the insurance co and lawyers duke it out. Nah.... I'll pass.
The auto industry failure seems to have more to do with quality than anything else. Then there is the fact that the auto makers in the US seem to be looking backwards not forwards. The F-150 is still Fords biggest money maker yet here we are looking at another fuel crisis....
The hybrids are around because of CAFE. People like the 'green' idea even though the hybrids are pretty much a joke. Had we been using diesel instead we would have cars that are making 40-50mpg or more. The manufactures are making the high mileage cares to bring their fleet average down.
The free market has it's place but it not the end all be all. Honda and Toyota are not being solely guided by the free market. They were forced by the government to build efficient cars. The oil that they buy and the oil that we buy all comes from the same place and all costs the same. The difference being that in Europe and Asia the governments place a huge tax on fuel so consumers are forced to buy more efficient vehicles. They cannot afford to drive a F-150 at 15-20mpg. They need a small car that makes somewhere in the 40-50mpg range. Free market my eye hole.
Fuel tax