When General Motors builds a car, they want to meet the specific needs of many customers. But if they custom-make each car, then it will not be economical.
Starting in the 1970s, American cars started to lose market share to foreign cars. It was clear what was happening - these better-made foreign car companies were encroaching on the U.S., and the U.S. car makers had less than half of their own country's market.
Every single country that has an auto industry is stepping forward to help that auto industry. Why wouldn't we help this industry too, because it needs 3.5 million jobs.
A great hullabaloo is being made in Germany over the people’s car – seven million are to be built and almost ever family will have its own little car.
Chrysler builds great cars.
Any car designer always dreams about designing their own car - if they say they don't, they're lying... For me, it was never about starting my own company just to make another car.
The hundreds of thousands of men and women at Toyota operations worldwide - including the 172,000 team members and dealers in North America - are among the best in the auto industry.
When Henry Ford made cheap, reliable cars people said, 'Nah, what's wrong with a horse?' That was a huge bet he made, and it worked.
After World War II the federal government figured out that Detroit could make 6 million cars a year and there were not enough roads to put them on.
Explaining the origin of the Interstate Highway System:
For much of Toyota's history, we have ensured the quality and reliability of our vehicles by placing a device called an andon cord on every production line - and empowering any team member to halt production if there's an assembly problem. Only when the problem is resolved does the line begin to move again.
My father was a die maker for 39 years, so I had a basic understanding of the automobile industry and what the manufacturing world was like, just from the opportunity to spend time with him - just talking, because he was a car buff.
I was at Ford for 32 years. I went to Chrysler in 1978, four or five months after I got canned by Henry Ford.
I believe the auto business is a highly comprehensive and complicated business. It's not that easy for people simply to enter and ruin the whole thing.
I've actually made a prediction that within 30 years a majority of new cars made in the United States will be electric. And I don't mean hybrid, I mean fully electric.
The 500X and Jeep Renegade are very different cars, but they are manufactured in the same plant and share R&D, which reduces the total investment required by 1 billion euros. That is why I'm convinced that the industry needs and will see more consolidation in the future.
There is a lot of development to be done at Toyota. It will be tough in the beginning, but the chances are very good, so that is why I decided on this team in the first place.
I would say that if there is one thing we could have done better in the last 10 years under my watch, is when we launched what we called 'the new car.' It is now called the Gen-5. We just didn't get the collaboration we needed to get from the industry, the owners, the drivers, the engineers and car manufacturers.
GM is a highly collaborative organization; we rely on a whole tier of suppliers for everything that we do.
It is the instinctive wish of most American businesspeople, even those unlikely to be directly affected, that General Motors not go bankrupt.
I love Obama to talk about Chrysler. It's the cheapest bloody advertising I can get.
I come from Denmark; Fisker Automotive comes from California.
We have a tremendous investment in facilities for (internal combustion engines, transmissions, and axles) and I can't see throwing them away just because the electric car doesn't emit fumes.
The car is the most regulated thing in the world. It's more complicated to make a car than it is to send a rocket to space.
I think long term you can see Tesla establishing factories in Europe, in other parts of the U.S. and in Asia.
Mexico has acquired unique experience during its integration into global value chains, especially in the automotive industry.