Looks like we're gonna have to change that narrative again — you know, the one about how unions are the reason the American auto manufacturers are broke n' busted. A recent study by auto analysts at Harbour Consulting released their annual productivity study, and it comes to a couple of startling conclusions — Toyota and Honda are dropping in plant efficiency the larger they get, and GM has made such impressive gains that they're just about ready to crack the top three in productivity, requiring only 33.19 hours per vehicle. That's pretty amazing, and it seems to us maybe they're just as competitive as their non-union competitors — the bigger problem appears to be size of the automaker. And as we've always said, size really does matter, regardless of what our girlfriend says.
General Motors Death Watch: Losses Mount [internal]