Thursday, June 23, 2011

The Yugo: The Rise and Fall of the Worst Car in History | The Freeman | Ideas On Liberty

The Yugo: The Rise and Fall of the Worst Car in History | The Freeman | Ideas On Liberty: "Interestingly, the very reason the Yugo even became an item was a U.S. government move to keep small Japanese cars out of the United States. The Japanese automakers responded to this protectionism by making mid-sized luxury cars, which created a void for a small, inexpensive vehicle. The Yugo would (at least temporarily) fill that void thanks to the foresight of entrepreneur Malcolm Bricklin."