Handling a Downturn the Toyota Way [slideshow]

Handling a Downturn the Toyota Way [slideshow] http://images.businessweek.com/ss/08/10/1020_toyota/index.htm

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Civis Romanus Sum

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And they are doing the right thing, buy not waiting 20-30 years too late they assure their own survival. Smart management and staff.
Trouble is by Government Motors being subsidized by the taxpayer, it will make it harder for the others to survive. It upsets market supply and demand. Other North America manufacturers like Toyota, Nissa, Honda and Ford will have to lay off more people to compensate for the imbalance.
One way or another the jobs are gone. Just in the game of musical chairs, who gets burned? The cuplrets like GM? Or are they going to get away with passing the buck? So far, GM has passed the buck to the taxpayer.
Have you done a GM lately? (Not paid your bills, welch on debt and blame others for your incompetance).
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The article didn't metnion that the Japanese goverment is forking over millions to Toyota.....
Ed
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C. E. White wrote:

They want to back a capable company.
--
Civis Romanus Sum

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ROTFLMAO....and the difference is?? ;>)
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Millions in Japan, hundred billion in the US.
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The Japs don't bitch about it ;)
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Actually very little difference except the difference in how GM and Toyota are treated in the press. GM is criticized for bad managemet, building too many inefficient vehicles, etc., etc. Toyota is given a free ride for following a very similar startegy. GM execs go to Washington to ask for help and are made a laughing stock and forced to beg for money. The Japanese governement forks billions over to Toyota and the press largely ignores it. Toyota quality is slipping. Toyota has upsized many of it vehicles. Toyota poured billions to build a third rate horribly inefficient loser of a monster truck. Toyota actually lost more than GM last quarter. Toyota fell to second place in global sales behind VW last quarter. Yet, Toyota is praised and GM is trashed in the US press.....
Ed
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In their private jets, then wonder why they are laughed at all the way back to Motown.
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Clive

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C. E. White wrote:

Toyota had the wit, finally, to see that they had screwed up and quickly moved to correct the matter. GM just kept plowing down a dead-end road-not too bright. Toyota has the ability to recover from their screwup, GM is C11/C7.
--
Civis Romanus Sum

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