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| The Pub For General Automotive Related Talk |
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10-10-2009, 05:15 PM
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Compulsive Hobbiest
Join Date: May 2006
Location: Ohio, USA
Posts: 1,032
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Just an interesting statistic, for the sake of overhead cost illustration....
Eight years ago in 2001 Ford had 145,000 laborers in the US. Today in 2009 there are only 46,000 laborers, a reduction of 90,000 jobs. It took closing 17 plants to do this as well. 17 less plants 90,000 less workers (62%) ---------------------- = a LOT less overhead Yup, it's a new Ford. This was done without bankruptcy. Also, Ford's hourly labor cost is practically equal with Toyota's now, and Toyota only has hundreds of retirees to Ford's hundreds of thousands. Steve
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The New Ford
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