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Dec 19, 2005

More Changes - USA - Detroit Needs More Than Healthcare Cuts?

"Domestic carmakers still have a long way to go to catch their top Japanese competitors"
USA - The Car Connection - 19 Dec 2005: -- Laurie Harbour-Felax, a consultant and analyst who studies the domestic industry extensively, said that domestic carmakers still have a long way to go to catch their top Japanese competitors... During the first part of the 2005, Nissan made $1,826 per vehicle sold while GM lost $1,227, a gap of $3,300. Even the profitable Chrysler Group made only a fraction of Nissan's per-vehicle profit, at $186 per vehicle, said who was a principal in Harbour & Associates... American companies score much better in initial quality surveys but the longer-term quality that shapes public perception of a vehicle and a company still seems to lag behind. Domestic carmakers spend between $200 to $300 more per vehicle on recalls and that has to be eliminated...

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