Posted on 10/08/2005 3:15:16 AM PDT by lowbuck
Layoffs are just the beginning. Can Zetsche fix production and quality woes?
Only four weeks into the job, Mercedes Car Group chief Dieter Zetsche stunned employees on Sept. 28 by ramming through a program to cut 8,500 jobs at the German auto maker -- 9% of its German workforce.
(Excerpt) Read more at businessweek.com ...
Mercedes and the US automakers should take a lesson from the Korean company Hyundai. Their new CEO fired thousands of bean counters, hired more engineers and set out an uncompromising standard for quality and reliability backed by an unprecedented 10 year warranty.
Now if they'll just double the size of the vehicles I'll buy a couple.
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