Listen to “AAH #730 – Unboxed Assembly – Tesla, Toyota, BYD, Ford and Counting” on Spreaker.
– Unboxed assembly processes are expanding
– Congress to vaporize EV subsidies
– Nissan makes big cuts, analysts were not impressed
– 2025 the year of the robot
– Tesla’s stock drops
– Nikola teetering on bankruptcy
PANEL:
Mathew Vachaparampil, CEO, Caresoft Global
Terry Woychowski, President, Automotive, Caresoft
Gary Vasilash, shinymetalboxes.net
John McElroy, Autoline.tv
Follow us on social media:
Subscribe to the free podcast:
AAH
Thanks John for the very accurate depiction of history around the $5/day Ford mythology.
John, you are absolutely right about Henry Ford and the $5 per day wage. While he did say that his workers could now be consumers as well as producers the real reason was the high turnover in his factories. The rate of turnover I remember is 300 to 400 percent per year, that’s like hiring a new workforce every 3 to 4 months. In a PBS documentary on Ford they mentioned that to put 100 men on the line, they had to hire 1000.
The documentary also mentions the wage rate wasn’t guaranteed. Ford wanted his workers to live clean and morel lives and sent out people to spy on his workers to make sure they followed his wishes. I don’t imagine the UAW would put up with that today.
As a side note, I like how you now use the first half of the show to discuss a particular topic and use the second half to talk about the latest news in the industry. With all that’s been going on in the auto industry in the last 5 years it seems that news is made weekly, if not daily, and most of that is due to the changing political climate over those last 5 years.
Mike,
Great feedback. Thanks for your comments.