USA: Big Three close productivity gap with Japanese - report
Detroit's Big Three vehicle makers closed the gap with their Japanese competitors in North American factory efficiency during 2002, a key measure of cost controls, according to an annual report released on Wednesday, Reuters said. Ron Harbour, whose namesake consulting firm conducts the benchmark survey, said despite the improvement, efficient plants still gave Toyota, Honda and Nissan a $US300 to $US400 cost advantage per vehicle over General Motors, Ford and Chrysler.
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