WSJ.com – Bush Plays Down Bailout Prospects For GM and Ford: Also: GM posted more than an $8 Billion Loss for FY 2005, announced today. Excerpts: “President Bush said General Motors Corp. and Ford Motor Co. should develop ‘a product…
Jerry Flint, It Takes Many Arrows to Kill an Elephant – Forbes.com My dad sent me this a while back and laziness kept it off the blog. It’s even more relevant this week. Flint’s column begins: Companies don’t downsize themselves…
IndustryWeek : Continuous Improvement Here is an outstanding column from Industry Week and editor Tonya Vinas. It came to my email box courtesy of the Industry Week newsletters (click here to sign up). Tonya starts by slamming the Wall St.…
GM’s Lutz: Don’t cut exec pay-He shoots down Kerkorian’s idea to reduce salaries, says ‘I gave at the office.’ A follow up to yesterday’s article (see below): Bob Lutz responds: “Here’s where people get this wrong: They say, ‘Why are…
Detroit Free Press Article How about “Reduce All Waste” as a rallying cry? Please check out my main blog page at www.leanblog.org The RSS feed content you are reading is copyrighted by the author, Mark Graban. , , , on…
Society of Manufacturing Engineers Here’s a good overview of the Toyota/GM “Joint Venture” plant, NUMMI. I put “JV” in quotes because, sure there is joint ownership, but it’s not really jointly managed. A manager at NUMMI says: Most people are…
Headline:General Motors Cuts Prices on 80 Percent of Its U.S. ModelsRemember the “new” Toyota Production System thinking: Profit = Market-Set Price (minus) Your Costs The “old” approach (still apparently endorsed by many companies) was: Price = Desired Profit (minus) Your…
GM: NOT SO FAST, TOYOTA: A global sales surge keeps us ahead, Wagoner reports (Detroit Free Press) Rick Wagoner points out that GM’s sales growth outside the U.S. (selling more cars outside than inside the U.S. for the first time…
Detroit News – 10/17/05 UPDATE 2/9/06: Why the sudden interest in this article?? Email me. This isn’t new news, nor is it a new program, the GM “jobs bank”. When I worked at GM, 1995-96, as a new college graduate,…
Toyota Quickens Quest to Unseat GM As a friend in Detroit pointed out, it’s interesting that Toyota is allowing Fuji/Subaru to build Toyota vehicles in Indiana, might be the first time Toyota is allowing others to build their cars. I’m…
Yahoo! News Ugh, worse than the reports suggested earlier this morning. GM has been crippled by high labor, pension, health care and materials costs as well as by sagging demand for sport utility vehicles, its longtime cash cows, and by…
From today’s WSJ, in the article about GM’s possible plant closures: While the details of GM’s plans remain unclear, GM officials have said that their long-term strategy is to shift more production to lower-cost locations outside North America and to…
