Explaining Southern California's economy

LA Auto Show: Volkswagen aims for world domination!

Just having a little fun with Volkswagen here (Das Auto!). The German carmaker wants to knock off General Motors and/or Toyota as the globe's biggest auto company, and while it's doing well in Europe, China, and Latin America, it's been notably less-than-successful in the USA.

VW definitely wants to change that. But with a mere 3 percent of the North American market, it's a tall order. That said, much of that 3 percent seems concentrated in...Southern California. So if the VW plan for world domination is to begin, it will begin in LA. Or at that $1 billion plant they just opened in Tennessee...

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