Wednesday, October 24, 2007
De-Industrialization: Auto
GLOBAL CAR COMPANIES COMPARED
Sales (volume) Sales ($bn) Profit ($bn) Market value ($bn) Workforce
GM 8.3m 192 -10.9 20 335,000
Toyota 8.2m 176 12.5 208 285,000
Daimler/Chrsyler 4.8m 185 -1.7* 65 382,000
Ford 6.6m 153 -12.7* 16 300,000
Volkswagen 5.2m 118 5.2 43 344,000
*2006 (Chrysler only)
Source: PriceWaterhouseCoopers, 2005
The decline of Detroit.
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