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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (288851)	5/21/2006 3:27:18 PM
From: bentway	Read Replies (1) \| Respond to of 1571808

"But if that 20 year thesis is correct, why has Toyota usually outdone the American companies economically? In fact, its stock has consistently outperformed GM's and has mostly outperformed Ford's over the past ten years." I can't really defend their design decisions, but the American mfg's have retirement obligations that add $1100, $1400 and $1500 per vehicle respectively for each Chrysler, Ford and GM car. The non-union American employess of the Asian mfg's don't have defined benefit pension plans - only 401k's like all other modern companies. So, it's not simply bad design and management.