Quote:
Originally Posted by Big Dave
This is why I have contempt for those who tell me Ford and GM are dying of "bad management." You cannot tell me anyone who could do it better.
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Honda? Toyota? Subaru? What other foreign manufacturers have assembly plants in the US? They seem to have found ways to deal with the costs, and (presumably) make a profit on US operations.
Granted that conditions for the US automakers were not exactly easy, their management still seems to have been engaged in a 40-year exercise in denying reality. We kept hearing them endlessly chanting their mantra "Americans don't want small cars" while steadily losing market share to foreign automakers which sold - guess what? - mostly smaller cars. They kept on producing ever-larger & more fuel-hungry products, while ignoring all the evidence showing that major fuel price increases were inevitable. They painted themselves into the corner. If that's not bad management, what is?