And, a recent tour of one of the Asian powerhouse’s vehicle plants has proved this beyond a shadow of a doubt, at least to Honda President and CEO Toshihiro Mibe.
“We have no chance against this,” Mibe said upon a visit to a Shanghai parts factory, commenting on its seamless automation across all levels of production. Logistics, procurement and all aspects of the process were so automated, in fact, that he did not spot a single human worker on the supplier’s floor.
Ford executives saying even three years ago that China was way ahead of the game
Toyota’s CEO has likewise said regarding not just his company, but the industry in general, “unless things change, we will not survive”
How many bailouts has Ford gotten? The US would be full electric with Tesla, and Tesla wouldn’t have been in a spot to be bought by elon if we stopped bailing out shit companies.
It’s amusing you picked ford given that they are the one that didn’t get bailed out last time around.
I suppose we have different views on 5.9 billion dollar loans from the Department of Energy.