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19 Cards in this Set

  • Front
  • Back
- interchangeable parts and workers
- “Fordism” – mass production and mass consumption
Ford (Pre-World War II)
multi-divisional organization – “M Form”
General Motors
Expanding foreign markets
- Ford - decentralization of global operations
- growing foreign markets, import barriers, local content requirements –> multinational investment

Growth of U.S. market
- structural factors
- American motor companies – bigger and faster models
- story of Toyota
Post-World War II
Big Three undermined
- oil crises and Japanese penetration of U.S. market with fuel-efficient vehicles
- Japanese “transplants” to boost sales beyond import quotas Stagnation in Global Manufacturing
1980's
U.S. auto and manufacturing revival, 1985-1995
Industrial reorganization
SUVs and “Light Trucks”
Big Three in Big Trouble
Global Assembly Line?
1999-2000s
Motor vehicles - world’s largest manufacturing
business
Automobile Industry
Revolutionized manufacturing
Henry Ford
$5/day wage; workers could afford to buy what
they made; “motor car for the great multitudes”
Fordism
Before Depression:
dangerous work, no job
security
Flint Sit-Down Strike, 1936-1937
More pragmatic and flexible approach to
the business than Ford; Sloan called UAW
a “junior partner in prosperity”
General Motors
Structual Factors in the 1950's-1960's growth of the U.S. auto market
“What’s good for the country is good for General Motors, and vice versa.” Testimony before Congress, 1953
Charles Wilson, president of
GM
“Big Three” Undermined
Stagnation in Global Manufacturing
U.S. Manufacturing Revival in Slow- Growing World Economy 1985-1995
Industrial Reorganization in Global Auto Industry, 1990s
Saviors of U.S. auto industry in the 1990s
SUVs and Light Trucks - 1990s
Big Three in Big Trouble
Global Assembly Line?