GM cuts a deal with Toyota
Even in the depths of their current despair, Detroit automakers have shown that they can learn from the competition, including their archrivals in Japan. Japanese inventory-control techniques are being introduced in U.S. plants, as are pared-down corporate staffs and worker-management cooperation programs. Now General Motors Corp. is pushing that process one giant step further, taking to heart the old tactic of joining 'em when you can't beat 'em. Reports out of Tokyo and Detroit last week indicated that GM, America's largest car manufacturer (sales in 1982's first nine...
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