Quote:
Originally Posted by punjabigyrl  Ford has spent the last 30 years moving all
its factories out of the US, claiming they can't
make money paying American wages.
TOYOTA has spent the last 30 years building
more than a dozen plants inside the US.
The last quarter's results:
TOYOTA makes 4 billion in profits while Ford
racked up 9 billion in losses.
Ford folks are still scratching their heads.
IF THIS WEREN'T SO TRUE IT MIGHT BE FUNNY. |
...is a short and sweet and misleading summary. The goal of Toyota is to become the leading auto manufacturer in the world. Ford and GM and Chrysler long ago stopped being companies in any traditional sense and became institutions. If you look at their size and scope and all the moving parts, the unions, the interests of politicians and government, the attitude from top to bottom of being something other than a business, you see companies with inherent disadvantages over time vs. their global competitors.
Toyota does not have the legacy costs for retirement and health of people who are long gone from working. Toyota does not have the deep seated agreements as to how process's and manufacturing and supply chains work.
They come in fresh and clean and hit the ground running.
Ford is trying to leave the US to get out of all the factors and issues that keep them from being competitive. Toyota is happy to come in and save the transportation costs and their own legacy costs because they have none of the issues US manufacturers have.
If you think about it, Toyota is coming here for the same reason Ford is getting out.