I agree. US automakers all basically stated that they would not build the "stop gap" hybrids, but "wait for hydrogen technology to mature" 3-5 years ago.
I think they were knowingly lying, and their actions in all arenas don't bear out any of their (few) far-looking claims.
First, Bush II made vague promises of heavy subsidy in that direction as part of image spin. Nothing has happened there.
Plus, it's measurable that they have not innovated in hardly any area. More or less, the american auto industry has sat on it's ass and made short-term money to please investors, burning the furniture and spending next month's rent money to do so.
They played games with legal structure (eg. SUVs as trucks) and basically fought positive change at every step. The boards and top-level management and partner/investors are sucking the money out, like they are in other areas of the US economy.
I'd like to see them succeed, but I have no sympathy for their problems. They handed the domestic auto industry to the japanese and others, willingly and knowingly since the '74 gas crisis, and when they whine, I do not cry.
Let 'em all die off, sold for their components (eg. GMAC). Nationalism is stupid and harmful; either the free-enterprise system works or it doesn't. Bailouts would be cynically unAmerican. They don't bail out my stupid mistakes and should theirs either.
The U.S. once led in technological innovation. The reason we're doing so less now isn't because kids are stupid -- they're smarter. Profit as ideology has taken over and it rarely takes chances. The one place we're still best, software, is being ruined by copyright holders and the law'n'order freaks (DMCA et al).
The U.S. flew to the goddamn moon, for !@#$ sakes, with nearly no computers, no xerox machines, no hand-held calculators, using smarts, wise-ass weirdo engineers and designers, clever technicians, actual teamwork (not the current corporate kind) and because Americans saw themselves in the future. That future was often silly, wasteful, and sometimes inadvertantly mean, but: gyrocopters! colonies on mars! food pills! too cheap to meter! 20-hour work weeks! eliminate world hunger! -- a lot of that makes you laugh and groan now, but it once at least meant public imagination, outward-looking optimism.
All that silliy optimism of the past was under the (foolish) fear of creeping communism, and the threat of atomic war, so the current 'terrrrrrr-ist' fear crap is no excuse.