Detroit News Profiles a "Relentless" Toyota
In a series of articles coinciding with Toyota's opening of a new 200,000 unit/year full-sized pick-up truck plant in Texas, the Detroit news is taking a detailed look at Toyota. The article below calculates Toyota's total cost of labor at $47.25 per hour, with GM's at $73.00. According to these figures, GM's "cost disadvantage/hour" is $25.75 and GM's total cost is $5.46 billion per year.
Texas-sized ambition-With new plant coming to San Antonio, Toyota takes aim at the heart of U.S. truck market.
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