SOUTHFIELD, MI – General Motors Corp. and Ford Motor Co. are planning deep job reductions and a number of plant closings to stem financial losses, but that won’t solve the domestic auto industry’s problems over the long haul, says one auto analyst. “Job cuts are not enough; they won’t solve the long-term problems,” Laurie Harbour-Felax says in a presentation here to the Society of Automotive Analysts. Japanese earn $1,700 per vehicle. “When you cut heads you cut costs at the end of ...

Premium Content (PAID Subscription Required)

"Big 3 Need to Change Culture to Succeed, Analyst Says" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.