The future of the auto industry

President Obama gave us the blueprint of his auto reconstruction plans yesterday and he made it quite clear the auto industry is still the backbone of this country. But President Obama gave the auto industry a short time to turn their finances and future around, so what happens if they just can’t muster in time? Where will the auto industry be headed at that point? Can we even imagine a nation without the car industry? For a game of fantasy car futures, we turn to Dan Neil, a Pulitzer Prize-winning automotive critic for the Los Angeles Times. He joins The Takeaway with his thoughts on industry nationalization, electric cars, and the future of autos in America.