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‘We will not survive’: Toyota, Honda and Ford CEOs issue chilling warning about China — and it could hit your portfolio (moneywise.com)
submitted 6 months ago by to c/world
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cross-posted from : https://lemmy.zip/post/63264799

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"

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[–] 1 point 6 months ago (1 child)

Thats so stupid though. I mean dont short the cab like the ranger i drove, but a bed helps so much whem you need it. Thats why i liked the e150 because that shit was bareboned but still had some comfrey seats with leg room.

God i know its been like a decade since i worked in those types of vehicles, but have trucks just become a dick swinging contest over the usability of them? I know everything else going on is so stupid, i didnt want to know this was another one.

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