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”
Bullshit. They will survive. Albeit under some “rearranging” down at corporate. Brand loyalty does have a crossover effect despite all indications of an entirely different product. Seriously. People will purchase just because of name brand loyalty alone. Maybe all these auto producers will be absorbed into a global manufacturing mega company that will spit out absolutely crap products until it is distilled down to what the people truly demand. (Lol) And what the global futures have in mind for all of us.