And if it's not just Detroit then it can't really be the fault of the UAW now can it?

Europe's motor industry is in a panic. In boardrooms across the continent the talk is of the biggest emergency for 60 years -- or at least since the 1973 oil crisis.

As executives ask the European Union for a €40-billion bail-out to match or surpass the $25-billion sought by the American Big Three manufacturers -- General Motors, Ford and Chrysler thousands of staff are being laid off. Sales are collapsing as the recession bites, with vehicles stacking up at ports around the world.

Survey: Most auto execs support McCain

Automotive executives overwhelmingly support Sen. John McCain for president and have a negative outlook for the industry, according to a survey released today by the law firm Dykema Gossett PLLC.

The people who ran their industry into the ground want McCain, because they know a failed executive when they see one.