He hasn’t done anything egregious compared to his colleagues and he's certainly no Ghosn. The solution to this isn't going to be big V8s in Dodges again and affordable Jeeps.
The auto industry has to sell stocks and cars at the same time and it is a supremely difficult thing to do. They are now competing in the same space as tech companies, and are at an insurmountable disadvantage. It’s far easier to make quick changes to software and keep up with market changes than it is with cars. Pretty much everyone is kind of out of ideas on how to compete. Imagine if iOS was the only operating system for mobile phones. Would Apple be able to justify a $1000+ iPhone every year? That’s kind of where a lot of car companies are. The prices are insane and separating yourself from the competition is very difficult, since you don’t have many levers to pull.
China has the blueprint, but they also have a unified front in the country and because they started from the ground up very recently, they don’t have to maintain outdated systems etc. most importantly, they have a much lower labor cost. So it is much easier for them to invest and try new stuff and go faster. They basically play by different rules than the Americans for example. And regretfully, the only American OEM that has come even close to China is Tesla. The Cybertruck is the blueprint for the US. An awful POS, gutted in parts and labor, awful quality, but selling far better than it should.