Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
Originally Posted by desal75
You can still buy a Silverado SS but production stopped on them a number of months ago.
In some areas, the cars built by Detroit have slumped. There have been duds in terms of styling and, to a lesser extent, engineering. There is a good case to be made though that the financial woes of GM and Ford especially don't have too much to do with their product lines. Other financial factors come into play strongly. Ford lost $12B last year while the Explorer is one of the best selling vehicles in the world, GM lost $10B in 2005 while outselling every other manufacturer both in the US and worldwide. Much of this can be blamed on miss management and outdated labor agreements.
For every vehicle GM sells, almost $2000 goes towards the health benefits of retired workers. For Toyota this cost is a little over $200 in their US plants.
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Okay and while Ford and GM were starting to dig their graves, Mr. Iaccoa designed the minivan for Chrysler, a veritable cash cow. A crown they slowly lost to Honda and Toyota. What happened? They stopped innovating and developing this line with quality and performance. Now Chrysler also doesn't have this same type of worker overhead. Why not? Unions surely have a foothold there too.
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