who thinks GM will hold of Toyota??
My local Chevrolet dealership just forced all their senior mechanics and service advisors into early retirement. Came out of nowhere. One day the senior service advisor, that handles all our business vehicle repairs was just gone, along with a handful of the other long time employees.
Everyone had gotten an ultimatum on short notice, and were gone the next day. Apparently 12 people are now gone, leaving all the lower rate employees to run things.
Not a good sign methinks...
Everyone had gotten an ultimatum on short notice, and were gone the next day. Apparently 12 people are now gone, leaving all the lower rate employees to run things.
Not a good sign methinks...
Also all of thse people can easily pick up a job down the street at the next dealer. I am sure no one was forced into retirement. They cn easily find anther job unless it is a really hick town.
Toyota will pass GM this year. Toyota has announced they will produce 9.42 million vehicles worldwide in 2007, and while GM hasn't mentioned production targets, they sold 9.09 million vehicles in 2006 (versus Toyota's ~8.8 million) and their sales have been declining recently, not increasing.
A lot of the things GM might be doing right at the moment (better quality, better interiors, lower structural costs) take a while to be reflected in the sales charts. Meanwhile they are phasing out models (minivans) or starving others (360s), and cutting back fleet sales, all things that have a more immediate impact to sales. GM has publicly stated that the best they can hope for is for their North American market share to remain flat, not increase significantly.
Does GM care? Darned right they do, no matter what they say. It's a terrible thing to lose what many in the company considered GM's birthright. I think they've been #1 since the 1920s so very few people alive today have known any other leader except GM. Also recall a few years ago when Cadillac lost the luxury title to Lincoln, they were so bothered that they fudged their numbers to try to keep the number one spot.
A lot of the things GM might be doing right at the moment (better quality, better interiors, lower structural costs) take a while to be reflected in the sales charts. Meanwhile they are phasing out models (minivans) or starving others (360s), and cutting back fleet sales, all things that have a more immediate impact to sales. GM has publicly stated that the best they can hope for is for their North American market share to remain flat, not increase significantly.
Does GM care? Darned right they do, no matter what they say. It's a terrible thing to lose what many in the company considered GM's birthright. I think they've been #1 since the 1920s so very few people alive today have known any other leader except GM. Also recall a few years ago when Cadillac lost the luxury title to Lincoln, they were so bothered that they fudged their numbers to try to keep the number one spot.
It's GM that's about to be "***** slapped" by Toyota. GM's been the arrogant leader for decades and now this little upstart (that actually learned quite a bit from GM after the war) is going to take the crown. GM might be able to take it back in a few years, but that would hardly qualify as "***** slapping" Toyota.
Toyota will pass GM this year. Toyota has announced they will produce 9.42 million vehicles worldwide in 2007, and while GM hasn't mentioned production targets, they sold 9.09 million vehicles in 2006 (versus Toyota's ~8.8 million) and their sales have been declining recently, not increasing.
Yes, I worked for GM. Manufacturing group CCRW robotics. Installed many robots all kinds of applications. Even installed and designed the interface for CTS roof Laser braze system (new @ NAIAS). I was salary. Wedged between gm management and UAW. It was abusive. Worked Doubles (no pay), Weekends (no pay), Holidays (some pay but pay cap), travel (massive 3 month stints @ hotel over 3 1/2 year vehicle launch on the floor) (no miles compensation for personnel vehicle), Worked back to back shifts (midnight-day/ Afternoon - midnight), Also many benifit cuts (salary more than Union).
Mgt does not work like I did. UAW got OT and additional days. I was spoon feeding them (UAW) everything on the robots (programming/ IO config/ TShoot problems). I quit. They (gm mgt. and UAW) have been very rough on their 7 level and lower salary employee's. A very stressfull environment for the hands-on/ good Engineer.
There's more stress comming @ gm for your educated salary guy to compete against Toyota and Honda. I hope they can make it. There's got to be a change in the work rules/ policy, and, people held to accountability-responsibility. I'm a big Camaro gear-head and could never buy foreign.
Sorry for the vent.
Mgt does not work like I did. UAW got OT and additional days. I was spoon feeding them (UAW) everything on the robots (programming/ IO config/ TShoot problems). I quit. They (gm mgt. and UAW) have been very rough on their 7 level and lower salary employee's. A very stressfull environment for the hands-on/ good Engineer.
There's more stress comming @ gm for your educated salary guy to compete against Toyota and Honda. I hope they can make it. There's got to be a change in the work rules/ policy, and, people held to accountability-responsibility. I'm a big Camaro gear-head and could never buy foreign.
Sorry for the vent.
Each manufacturer sets its production targets based on what it thinks the market (in this case, the world market overall) will be and that manufacturer’s projected share of that market. If Toyota’s estimates are accurate, then it will almost certainly surpass GM as the world’s number one manufacturer based on number of vehicles made.
That said, so what?
How many vehicles a manufacturer makes isn’t very meaningful if it is not profitable…should GM make and sell 50% more vehicles than Toyota this coming year, how meaningful is that if it looses money on each vehicle and Toyota makes a profit on each vehicle? Which company is truly better off???
Financial results are not as “sexy” or as interesting to most people as the “number of vehicles made” but I’d suggest that people pay attention to GM’s financial condition and where it’s trending rather than on how many vehicles is makes.
That said, so what?
How many vehicles a manufacturer makes isn’t very meaningful if it is not profitable…should GM make and sell 50% more vehicles than Toyota this coming year, how meaningful is that if it looses money on each vehicle and Toyota makes a profit on each vehicle? Which company is truly better off???
Financial results are not as “sexy” or as interesting to most people as the “number of vehicles made” but I’d suggest that people pay attention to GM’s financial condition and where it’s trending rather than on how many vehicles is makes.
Overall though you're right, if the market as a whole keeps growing, GM's going to gain more volume even if Toyota gains more share. I just don't think it's enough to keep GM on top worldwide.
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gotta support america/gm
