Word: toyota
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Dates: during 1990-1999
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...Vauxhall Motor Cars Ltd., Holden's in Australia, 50% of Saab Automobile AB in Sweden and about a third of Isuzu. On top of that, GM operates a joint venture in Canada with Suzuki Motor Corp. and an assembly plant called NUMMI in California with Toyota...
...Toyota Motor Co. has achieved world class another way, first through exporting from Japan and then by building foreign plants. In both cases it employs a unique production system that cuts costs through continuous improvement, yielding sharp reductions in product development and manufacturing lead times. The cornerstone of the system involves a "platform team" approach that unites managers in such disparate areas as engineering, design, purchasing and field service and even provides suppliers to shepherd a vehicle from blueprints into the customer's hands in 2 1/2 years instead of the typical four to six years most car manufacturers take...
...DaimlerChrysler team aims to adopt a similar strategy. But this alliance will work on a different strategic level than do most other globalization efforts. First and foremost, the sheer size and scope of this merger all but assures mutual survival in ongoing global consolidation. Along with Ford, Toyota and GM, DaimlerChrysler will be a first-tier, all-world player...
...have been able to hock my soul, but perhaps my luck will be better with a '92 Toyota Camry...
...short, in the '70s America down-sized its expectations. Out with Pax Americana. In with the Vietnam Syndrome. Out with the Cadillac. In with the Toyota. But first, out with the President, via Watergate: nearly two years spent sifting through the rubble of Richard Nixon. Whatever hopes of a clean start were raised by Gerald Ford collapsed under the Nixon pardon and an economic crisis as impervious to Ford's WHIP INFLATION NOW buttons as it had been to Nixon's wage-and-price controls...