Every industrialized country knows how important the auto industry is to development. It keeps people employed in well-paying jobs. It has tons of derivative industries, from auto parts manufacturers to car dealerships to roads and restaurants set up along the assembly lines. In China, where an unspeakable full employment policy has been in the works for the past 20 years, local states got in on the act by building car companies from scratch. They got jobs. They got taxes. They got oversupply. And now, the time has come from China’s world leading auto market to consolidate.