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GM : The Good, The Bad, The Ugly
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Posted by Trev [Email] (more from Trev) on Fri, 3 Jun 2005 18:42:50 Share Post by Email
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News report out today on North American Auto Plants, Some good, some bad ..

The GOod:

GM's Oshawa plant that cranks outs Impalas & Monte Carlo's was #1 in productivity in North America at just under 16 hours to build a car (beating out the Nissan plant in TN )

But GM skips right over the bad and goes straight to the Ugly:

"An analysis of first-quarter profit showed that GM lost $2,311 (U.S.) a vehicle, while the Chrysler group posted a profit of $186 and Ford, $620.

Nissan led the way with a profit of $1,603 on the average vehicle, followed by Toyota Motor Corp. at $1,488 and Honda Motor Co. Ltd. at $1,250"

Yikes ... $2300 per vehicle is a bit steep, and I bet it's like MOnty Python at HQ "'tis only a Flesh Wound" :-)


http://news.google.ca/news?hl=en&ned=ca&ie=UTF-8&ncl=http://www.detnews.com/2005/autosinsider/0506/03/A01-202894.htm

http://www.theglobeandmail.com/servlet/story/RTGAM.20050602.wharb0602/BNStory/Business/

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