Car crash ahead
THERE has always been something special about cars and the making of them. Henry Ford turned the car-assembly line into an enduring symbol of industrialisation. Later, Alfred Sloan made General Motors into a model for the modern corporation: the inventor of operating divisions, marketing plans and planned obsolescence. More recently, Toyota's invention of “lean production” ushered in a general revolution in manufacturing. Today the industry seems poised once again to become an example for other businesses, as car manufacturers grapple with the opportunities and challenges of globalisation. What a pity that this looks set to be an example of exactly the wrong way for an industry to become global.
This article appeared in the Leaders section of the print edition under the headline “Car crash ahead”
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