Comments on: Toyota to Surpass GM

By: Karplod! » Blog Archive » Toyota on pace to top GM in 2007

Karplod! » Blog Archive » Toyota on pace to top GM in 2007 — Mon, 25 Dec 2006 02:59:47 +0000

[...] Toyota to Surpass GMOutside Beltway - Toyota is projecting sales of 9.4 million cars next year which would put it just ahead of rival GM. Further, the two companies are taking very different directions. Toyota plans on increasing car sales by 500,000 while GM is closing plants and laying [...]

By: DC Loser

DC Loser — Sun, 24 Dec 2006 15:56:20 +0000

Ford, as late as the late 90s, was making money hand off fist, and I recall their CEO bregging about the pile of cash (in the 10s of billions) the company was sitting on. They had made a series of great vehicles which sold widely since the mid-80s (the Taurus, Explorer, etc.) But somewhere the innovation stopped. Ford got addicted to the SUV gravy train and never got off. They bought trophy marques like Jaguar, Land Rover, Volvo, almost all of which have been big money drains on the company. Besides the Mustang, can anyone name one Ford car that people actually WANT to buy, without discounts? I shudder to think 10 years ago, I almost went to work for them at one of their main suppliers.

By: floyd

floyd — Sun, 24 Dec 2006 01:36:55 +0000

Dave, Ford being a worldwide organization with lots of capital employed, I hope your wrong. i'm only 55 and I'm not sure if my pinto can last the rest of my life![lol] Any team is only as good as it's coach though and something has to change,organization wise.

By: floyd

floyd — Sun, 24 Dec 2006 01:31:19 +0000

McGehee; a simple yes or no would suffice.mine aren't the only biases showing.[grinz]

By: Dave Schuler

Dave Schuler — Sun, 24 Dec 2006 00:07:35 +0000

From what I've seen in my nearly 20 years of interactions with Ford they cut the muscle long, long ago. Now they're cutting bone.

By: floyd

floyd — Sat, 23 Dec 2006 16:23:09 +0000

dave; Ford's domestic "shrink to grow" approach is destructive to the company primarily because they want to cut muscle and keep fat [worldwide] they will return to former prominence only when they return to their core business of producing solid, cheap, reliable Ford branded cars on a limited number of platforms produced in the country of sale.Not glamorous but effective.

By: McGehee

McGehee — Sat, 23 Dec 2006 16:15:25 +0000

do you mean to say that companies should not provide pensions or health insurance for which they have contracted?

No. You are obviously reading your own biases into my words.

By: floyd

floyd — Sat, 23 Dec 2006 16:08:57 +0000

mcGehee;do you mean to say that companies should not provide pensions or health insurance for which they have contracted? GM's "problems" are NOT the fault of opulent labor contracts. these "problems"are the result of an obscene shell game ,played with corporate profits, and the shuffling of assets between GMAC ,GM manufacturing, and wholly owned supplier groups like DELPHI. This game was played to gut the company and destroy the UAW.

By: yetanotherjohn

yetanotherjohn — Sat, 23 Dec 2006 15:59:43 +0000

I used to sell into the automotive industry. You could tell that Toyota wanted respect. When they became the third largest, they even polled public perception about calling them one of the big three.

Maybe if they become the world's largest car company they can get the respect they crave.

By: McGehee

McGehee — Sat, 23 Dec 2006 02:49:21 +0000

The employee health care and pensions problem is real, though -- and caused by decades of bad practice throughout American industry, encouraged by wrongheaded government labor policy.

By: Dave Schuler

Dave Schuler — Fri, 22 Dec 2006 23:36:27 +0000

Prepare for accelerated lobbying by Ford and GM for bailouts in the areas of health care and employee pensions. They're hoping to be indemnified against the implications of 30 years worth of bad management.

I deal with Ford on a regular basis and I'm extremely skeptical of its ability to “shrink to grow”. I'm not skeptical at all about its willlingness to go to Uncle Sugar for a bailout.