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At G.M., Innovation Sacrificed to Profits
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GM's management decisons in the last 20 years have failed to put innovation and making courageous decisions right up front. Instead its management with the support and acquiescence of its board favored the status quo and stuck too long with what worked at the time like the SUV's that it had invested in, and refused to take any bold decisions in favor of fuel efficiency. ANd it starved new projects like Saturn of resources.
GM (General Motors) Restructuring in 2009.
01/24/2008
After the first government loan General Motors begins serious restructuring in February 2009 as mandated in the loan terms. The government oversight over the restructuring.
Grouped Articles
GM Shares Sharply Down as Western Europe Drags
Wall Street Journal 10/09/2008
Howes: Market drop revives talk of bankruptcy
Detroit News 10/10/2008
U.S. Auto Shares Plunge on a Grim Sales Forecast
New York Times 10/10/2008
Detroit Free Press 10/14/2008
General Motors, Driven to the Brink
New York Times 10/26/2008
How Detroit Drove Into a Ditch
Wall Street Journal 10/25/2008
Toyota under Akio Toyoda, Shoichiro Toyoda's son, and grandson of the founder Kiichiro Toyoda.
05/12/2005
Akio Toyoda becomes CEO of Toyota in 2009, with the support of Shoichiro Toyoda, his father. He spent some years in the American operations, has overseas experience, and got his MBA from Babson College in Massachusetts. Because of tis he brings an outward looking approach to Toyota. By August 2009 about 40% of the senior management hat Toyota had retired or moved to new positions. Toyota suffered a loss of $819 million in the 2nd quarter 2009 with net sales revenue down sharply by 38% over prior year's same quarter. In the last years of the previous CEO Watanabe, Shoichiro had expressed concerns about the complacency at the company. See the links to this including Shoichiro's concern for higher costs, lower quality, and complacency in management.
Grouped Articles
Eiji Toyoda, Japan Auto Industry Visionary, Dies At 100
Wall Street Journal 09/17/2013
Eiji Toyoda, Promoter of the Toyota Way and Engineer of Its Growth, Dies at 100
New York Times 09/17/2013
In Rapid Turnaround, Toyota Is on Track to Post Record Earnings
New York Times 02/04/2014
Toyota Offers Tepid Outlook After Big Gains
Wall Street Journal 05/09/2014
For Toyota, a New Small Truck Carries Hopes for Topping GM
Wall Street Journal 05/12/2005
Toyota's Jim Press Discusses the Future
BusinessWeek 05/17/2006
Toyota's new priorities and strategy under Akio Toyoda.
05/17/2006
The grandson of founder Kiichiro Toyoda takes charge after the global economic crisis of 2008-2009. Toyota enters a new period with different priorities.
Grouped Articles
Wall Street Journal 05/08/2013
Toyoda Rues Excessive Profit Focus
Wall Street Journal 03/02/2010
Toyota Director Aims to Speed Up Decision Making
Wall Street Journal 07/23/2013
Toyota Scrambles to Catch Up in Brazil
Wall Street Journal 08/26/2013
In Rapid Turnaround, Toyota Is on Track to Post Record Earnings
New York Times 02/04/2014
Toyota Offers Tepid Outlook After Big Gains
Wall Street Journal 05/09/2014
The new GM and the problems it will continue to face.
02/13/2006
GM faces intense competition in a shrinking market. And building appeal to younger demographics customers is critical to GM.
Grouped Articles
Some G.M. Retirees Are in a Health Care Squeeze
New York Times 11/10/2008
Detroit Auto Makers Need More Than a Bailout
Wall Street Journal 11/10/2008
Wall Street Journal 11/10/2008
Skeptics Present Another Obstacle for GM
Wall Street Journal 11/12/2008
Wall Street Journal 11/12/2008
Auto-Industry Crisis Tests Obama
Wall Street Journal 11/08/2008
Toyota strategy in the pre-Akio Toyoda period.
05/12/2005
How Toyota strategy was shaped in the pre-Akio Toyoda period, under Watanabe and his team.
Grouped Articles
Toyoda Rues Excessive Profit Focus
Wall Street Journal 03/02/2010
Eiji Toyoda, Promoter of the Toyota Way and Engineer of Its Growth, Dies at 100
New York Times 09/17/2013
Wall Street Journal 02/13/2006
Toyota Tacoma: A Rugged Winner
BusinessWeek 04/05/2006
How Slumping Market for SUVs Is Hurting Detroit's Bottom Line
Wall Street Journal 05/13/2005
For Toyota, a New Small Truck Carries Hopes for Topping GM
Wall Street Journal 05/12/2005
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