It's so obvious

Flipping the channel last night to Fast Money on CNBC I saw a quick graphic:

Hybrid Car Sales Grew by 44% in 2007.

Then another graphic:

11% of all new car sales are hybrid cars.

And that's why Big 3 auto makers are still advertising V-8 trucks.

It's so obvious why Big 3 is losing market share. It's not their employee costs, their health care costs, their pension obligations. They have no product to sell, period.