True.
In addition to that is that American car manufacturers made cars that Americans will drive. Nothing wrong there, it worked for them for a long time. Big honken gas guslers on the other hand do not work so well elsewhere in the world so euro and jap. cars took over in those places. Didn't take long for Americans to realize "hey, that shit makes more sense."
Face it, for the last 30 years the average american car stylings have been out of date, boring or just plain ugly. It hasnt been until lately, where American companies, and Japanese companies for that matter, have been copying European designs to stay up to date and decent enough for people to buy them.