Most of the news out of Detroit these days has concerned the bankruptcies of Chrysler and now GM. There are a lot of issues to sort out with all of this, but one thing that's especially problematic is this: the reality that the United Auto Workers will own large portions of both companies. But the problem may not belong to GM or Chrysler. The problem will belong to Ford.
Ford has decided to eschew the government bailout process and is attempting to solve their own problems. Ford has done better in recent months than either GM or Chrysler, but that's a relative term since all have been losing money at an enormous rate. But Ford has a problem that will eventually make a very interesting case study for the Harvard Business Review -- how does one compete in a heavily unionized industry when the union you bargain with has an ownership stake in your competitors?
Here's the question for the audience -- how do you think that's going to work?