Tuesday, March 11, 2008

Porsche to aquire majority of VW

I thought this was interesting news item that Porsche was to go from a 30% stake in VW to over 50%. I had just finished reading Lean Thinking by Womack & Jones which had studied Porsche who back in the early 1990's was losing money faster than there cars and in danger of bankruptcy. Now they are poised to challenge Toyota for title of worlds largest auto manufacturer. I think its a testimony of the power of Lean Manufacturing. Where did the Germans learn it from? The Japanese.

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