Word: gm
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...studio, that won the award for best new car. Yale Zhang, an industry analyst in Shanghai with CSM Worldwide, an automotive consulting firm, says he expects Chery to begin exporting a minivan and a four-door sedan next year. Chery recently cleared two hurdles: settling a law-suit with GM over charges that it ripped off a design from GM's Daewoo subsidiary, and agreeing to find a new name for North American models?since Chery sounds like Chevy, GM had threatened to press the matter in court. Bricklin, meanwhile, claims to have signed up more than two dozen dealers...
With production workers earning $2 an hour, China is pressing its labor advantage, luring foreign automakers to both supply its domestic market and develop export programs. Almost all the big names?GM, Ford, Honda, Volkswagen?have joint ventures that assemble vehicles for the local market, with sales booming at a 22% average annual clip. Strong sales in China have cooled the impetus to export. So has the majors' ample capacity at plants overseas. And low wages don't make China a low-cost producer. The country has an inefficient supply chain, high component costs (many parts are slapped with import...
...automaker to set up a major export operation, shipping a compact to Europe from a plant in Guangdong's special, duty-free zone. Chrysler plans to build its 300-model sedan in Beijing for domestic sale and possible export (although not to North America, where autoworkers would probably object). GM and Volkswagen export small quantities too, such as Chevy Venture minivans to the Philippines and Polo compact cars to Australia. A Chinese supplier, Wanxiang Group, is reportedly even negotiating to buy some assets of the bankrupt U.S. partsmaker Delphi...
...Trouble Your article "How GM Can Fix Itself" did a fine job of enumerating the problems created by General Motors' management [Dec. 5]. But it didn't address why advisers say hourly workers should take cuts in pay and benefits when the automaker frequently touts the quality of its products. If assembly-line workers are putting cars together so well, they should not be the ones to suffer so much in a restructuring. Sandy McLendon Marietta, Georgia...
...lived in Flint, Michigan, for 27 years and worked for GM. The company's problem is simple: arrogance of the worst kind. Its management will not listen to others. GM cars are poorly designed. Corporate officials and the outdated, unionized workforce can't get along. The result is a company in which cars are produced by two antagonistic groups?an unhappy union and an overbearing management. Lou Rife Nashville, Tennessee...