U.S. automakers' productivity is close to Japan but profits are still lagging behind


According to relevant reports, the productivity of American automakers is close to that of Japanese competitors, but it still lags behind in many important aspects such as bicycle profits. The report shows that DaimlerChrysler’s Chrysler Group’s productivity increased significantly in 2003. In addition, GM’s continuous improvement over the years has seen four assembly plants rank among the five most productive assembly plants in North America. However, the report also stated that Toyota’s bicycle profits are about 10 times that of GM. Editor: Zi Zi Source: The Beijing News

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