Comments on: CBS Hearts Honda, Toyota and Nissan

By: Mark45

Mark45 — Sat, 22 Nov 2008 01:50:00 +0000

Having 15% to 25% of your workforce temporary workers makes it a lot easier to not have layoffs.

By: Landcrusher

Landcrusher — Fri, 21 Nov 2008 21:16:16 +0000

Can anyone verify the head of Toyota’s total compensation?

By: njgreene

njgreene — Fri, 21 Nov 2008 17:39:00 +0000

CBS and actual car buyers have something in common.

By: AJ

AJ — Fri, 21 Nov 2008 16:59:33 +0000

Thanks for the video! Very refreshing!

So let the Big 2.8 and the UAW shut down and let the real innovators do their jobs!

By: Strippo

Strippo — Fri, 21 Nov 2008 16:49:16 +0000

Is it 2010 yet?

By: yankinwaoz

yankinwaoz — Fri, 21 Nov 2008 14:35:13 +0000

Funny…
That CBS clip finished with an ad from Saturn.

By: jerry weber

jerry weber — Fri, 21 Nov 2008 13:38:26 +0000

Stockpiling autos is an old custom in Detroit.

Iacocca, in his book talked about joining Ford in the late 50’s. He was given the job of dumping thousands of pick up trucks stashed in company yards. He then talked of arriving at Chrysler in 79, and finding the Detroit fairgrounds and other places filled with cars with weeds growing through them.

This is the inelastic sclerotic methods of Detroit which has always been unable to react quickly to market changes. What all of this does is simple, trashes the resale value of all Detroit cars. Even the hallowed Corvette now lays around on lots. Overproduced and oversold in the past, all of these products are now unwanted legacies of the past.

Put another way, what is the real market share of the Detroit three if you factor out the overproduction?

The bad part of all this is that given the work rules and purchasing of the domestics, making far fewer units will raise prices just when people aren’t buying them at the cut rate numbers.

Is there an answer to this?