Actually, today's cars are much better than the cars of yesteryear.
With regular maintenance, it's not unusual these days for a car with 200,000 miles on it to still be in good shape.
When was the last time you saw someone pulled over with their radiator boiling over on a hot day ... a very common sight in my day.
Overall, there is less steel in cars, but car frames are still made out of steel, a better grade of steel than in years past.
Bumpers are no longer statically bolted to the frame, but attached by impact absorbing devices that transfer less of the impact to the frame, and hence to the passengers surrounded by the frame.
We have padded dashes and airbags instead of steel bludgeons to bang our heads on in a crash. Not to mention safety glass that won't cut you into pieces if you go through it.
Overall, today's vehicles are built to a much higher standard than in days past.