After almost 20 years of losses, GM’s former European division is profitable one year after being sold to the parent company of Peugeot/Citroën. There are obviously many reasons, but some that stood out to me:
– an agreement with labor to trim salary costs by reducing the standard workweek to 35 hours from 40.
– assembly output reduced in Rüsselsheim to 42 vehicles per hour instead of 55 to “focus on cars customers actually want to buy.”
– On the Corsa model which starts at about $14,000, there are 10 possible infotainment systems, down from 57 (!) and there are now 9 windshield / wiper options, down from 16.
- Treat Water Before Diluting Your Stamping Lubes October 12, 2018
- Lubrication Technology for Metalformers, a conference from Metalforming Magazine in Feb 2019 October 9, 2018
- Sharp Edges Lead to Cracks? Who Knew? October 7, 2018
- Using Test Data to Derive Product Improvements: Design Tests to Give Pertinent Quantitative Info September 23, 2018
- Tesla Stamping and Assembly of Model 3 September 20, 2018
- Schuler and Porsche Form JV for Auto Body Parts September 17, 2018
- Increasing Profits by Reducing Complexity and Focusing on Customer September 10, 2018
- Is it cheaper to flood the tools or use an engineered lubricant designed for advanced metals? September 7, 2018
- Finding Solutions for Wear -Tooling By Design in the September 2018 Issue of MetalForming Magazine September 4, 2018
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