Could Silicon Valley own the Motor City’s car industry?

Tech monsters Apple and Google are making moves into the car business. This has at least one former Detroit auto executive talking like a dinosaur gazing up at an inbound comet and failing to consider profound industry business model evolution and even extinction as real possibilities. “If I were an Apple shareholder, I wouldn’t be very happy,” said former General Motors CEO Dan Akerson to the Detroit News in a recent interview. “I would be highly suspect of the long-term prospect of getting into a low-margin, heavy-manufacturing business.”