Old Aug 11, 2007 | 05:18 PM
  #14 (permalink)  
johnhayes6's Avatar
johnhayes6
Joined: Jul 2007
Posts: 74
Likes: 0
From: Seekonk, MA
Default Re: Daimler, parts, sharing, yadda, yadda, yadda

Originally Posted by Mediacritic
But don't all the car manufacturers have labor (union) expenses? Toyota profit just keeps going up.
They obviously all have labor costs, but the question should be how much of the costs for domestic manufacturers are legacy costs, for employees that work for them 5, 10, 20 years ago. In the past foreign makers where making cars in their home nations. The governments provided benefits that the automakers in America provided, such as healthcare, retirement, etc.

This however is obviously not the entire story, if you look at TMS (Toyota Management System) you’ll see large differences from what is typical in America, empowerment of line employees, a less adversarial relationship with suppliers, better IT / Supply chain management, among other things.

The deals we’re getting on these cars are the result of the problems they’re facing.
 
Reply