Chrysler Uses Molasses Management, Too
Automotive consumers have been heard, but much too late. Last week, Ford finally heeded the message (September 15 post, below); this week, Chrysler.
Chrysler is cutting back its production of truck and SUV models. It will probably close plants, cut jobs and earn $1.52 billion less next year. Chrysler's CEO said, "You can question did we wait too long. I'd have to say we did." Molasses management.
Last night, David Letterman broadcast a video clip of his staff dropping a safe from a rooftop onto a Buick—a product of General Motors, the third manufacturer in the American automotive triad—just so they could see it crush. I wonder what that means as I drive away in my Honda and my husband in his Nissan.
Chrysler is cutting back its production of truck and SUV models. It will probably close plants, cut jobs and earn $1.52 billion less next year. Chrysler's CEO said, "You can question did we wait too long. I'd have to say we did." Molasses management.
Last night, David Letterman broadcast a video clip of his staff dropping a safe from a rooftop onto a Buick—a product of General Motors, the third manufacturer in the American automotive triad—just so they could see it crush. I wonder what that means as I drive away in my Honda and my husband in his Nissan.