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Toyota Sits Atop the Auto Kingdom, but for How Long?
Apr 11, 2007
8 Replies
Daimler-Benz used to make some of the most reliable cars on the planet. They were often on the cutting edge in engineering and technology as well. Now they make some of the least reliable cars you can buy. I stopped paying attention to their standing in the fields of engineering and technology, because when it's in the shop those things don't matter.
I love this statement:
So what does this all mean? Obviously, while GM?s bureaucracy has spent the last several years wandering up and down a maze of blind marketing alleys and non-core enterprises
Check out this URL now, the top comment about the Cobalt... ;)
Until they become arrogant or confident.
A former chairman of Toyota that the heyday of any company lasted only
60-70 years, at best.
GM's bureaucracy consists of tightwads who want to keep the old designs and pushrods and spendthrifts who want to go with electric and hydrogen cars, and neither is making the right decisions.
You forgot to mention FAT union contracts which restricts development.
They were minor factors compared to GM's mismanagement and its investments in Saturn, Hughes, EDS, and several poorly thought-out vehicles.
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