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_PiCASSO_
02-25-2005, 04:38 PM
"In case you've wondered or If I just didn't answer adequately, below<br>describes the job of an automotive supplier to a "T" for supplying<br>automotive parts to one of the three domestic auto makers. We'll use a<br>baked potato in place of any component supplied to one of our car makers:"<p><br><B>How a Honda employee bakes a potato:</B><p>Preheat new, high-quality oven to 350 F.<br>Insert a 1.0 lb Idaho potato.<br>Go do something productive for 45 minutes<br>Check for doneness, then remove perfectly baked potato from oven and<br>serve<p><br><B>How a Ford employee bakes a potato:</B><p>Conduct market test with suppliers in Mexico, Brazil, and Turkistan to<br>supply 0.75 lb potatoes, choose lowest cost supplier with best Red Wings<br>tickets.<p>Change to incumbent supplier of Idaho potatoes, insist they meet<br>Turkistan pricing with 3% annual price reductions.<p>Upgrade to 1.0 lb potato, insist supplier erred by pricing for 0.75 lbs<br>as instructed even though supplier knows Ford spec is for 1.0 lb <br>potatoes.<p>Instruct potato supplier to preheat the oven to 350 F, demand that the<br>supplier show you how he turned the dial to reach 350 F, and have him<br>produce documentation from the oven manufacturer proving that it was<br>calibrated properly.<p>Review documentation, then have supplier check the temperature using a<br>sophisticated temperature probe (at supplier cost).<p>Direct supplier to insert potato and set timer for 45 minutes.<p>Have supplier open oven to prove potato has been installed correctly,<br>and request a free study proving that 45 minutes is the ideal time to <br>bake a potato of this size and variability due to orientation within the<br>oven.<p>Request a Six Sigma Study showing variable cook times for various potato<br>sizes and orientations. Check potato for doneness after 10 minutes.<p>Check potato for doneness after 11 minutes.<p>Check potato for doneness after 12 minutes.<p>Become impatient with supplier (why is this simple potato taking so long<br>to bake?).<p>Demand status reports every five minutes.<p>Conduct Value Engineering session and new market test Change to 0.9 lb<br>potato because marketing determine that customers will only notice if<br>potato weight is reduced if reduced to 0.85 lb. Check potato for<br>doneness after 15 minutes...<p>After 35 minutes, conclude that potato is nearing completion.<p>Pass through Gate review reporting all Green status.<p>Congratulate supplier, then update your boss on all the great work<br>you've done, despite having to work with such an uncooperative supplier.<p>Remove potato from oven after 40 minutes of baking, as a cost save<br>without loss of function or quality versus the original 45 minute baking<br>time.<p>Serve potato.<p>Conclude that end users taste must be deficient when warranty claims<br>indicate undercooked potatoes of varying consistency.<p>Dispute potato supplier documentation that explicit instruction was<br>given to reduce cooking time, and insist the supplier replace the <br>potatoes from the warranty claims at their cost. Threaten to desource<br>potato supplier because they had the audacity to imply it was not their<br>fault. <p>Repeat procedure.<p>Wonder aloud what on earth what those Japanese folks are doing over <br>there to make such good, low-cost baked potatoes that people seem to<br>like better than Ford potatoes.

knicks125
02-25-2005, 05:03 PM
well said...did you get this on your own, or was it from some article?<p>At any rate, I agree totally <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/beigesmilewinkgrin.gif" BORDER="0"> <p>The potatoes from Asian countries (ex. Japan, Korea) are so much better than the potatoes from the US (ex. Ford, GM), espeically in quality and reliablity, and many other factors.<p>BTW, I am not the only one who'd think so. The folks at ASQ (conducts quality on all industries including automotive) place Asian car companies over American car companies on their qualities and assurance.<p>I espeically like your use of potatoes <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/beigesmilewinkgrin.gif" BORDER="0">

JBlair
02-27-2005, 02:52 PM
Two words: Bull crap. they can make fun all they like, but the american makers are catching up and unless the JDM manufactures continue to improve, they'll have problems in a few years.

Naga Royal Guard
02-27-2005, 03:06 PM
awwwwwwwwww.

knicks125
02-27-2005, 03:25 PM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>JBlair</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">Two words: Bull crap. they can make fun all they like, but the american makers are catching up and unless the JDM manufactures continue to improve, they'll have problems in a few years. </TD></TR></TABLE><p>but you know how their lost their leads in the first place? FYI - Toyota has just eclipsed Ford, to become the second largest automaker in the world.<p>Not even many Americans themselves have confidence in our own car, I, as an American myself, feel it is unfortuante but saw this coming because US automakers sat on their lazy ass and didn't do sh** while other foreign imporved vastly <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <p>Give you guys a preview, it seems it's no longer news anymore, but once again, Ford & GM will show double digit declines in Feb. in YOY comparison, while others such as Nissan & Hyundai would post double digit gain, and others remain steady. What else is new <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <p>Bull crap? There is no need to protect US automakers, admit it, they are no longer the king of auto anymore, others are catching up and they better to something quick to just sustain not losing even more market share...

Naga Royal Guard
02-27-2005, 03:31 PM
its called denial, and it killed 15 kids last month alone <IMG NAME="icon" SRC="http://images.zeroforum.com/smile/emwink.gif" BORDER="0">

JBlair
02-27-2005, 03:45 PM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>knicks125</b> &raquo;</i></TD></TR><TR><TD CLASS="quote"><p>but you know how their lost their leads in the first place? FYI - Toyota has just eclipsed Ford, to become the second largest automaker in the world.<p>Not even many Americans themselves have confidence in our own car, I, as an American myself, feel it is unfortuante but saw this coming because US automakers sat on their lazy ass and didn't do sh** while other foreign imporved vastly <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <p>Give you guys a preview, it seems it's no longer news anymore, but once again, Ford & GM will show double digit declines in Feb. in YOY comparison, while others such as Nissan & Hyundai would post double digit gain, and others remain steady. What else is new <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <p>Bull crap? There is no need to protect US automakers, admit it, they are no longer the king of auto anymore, others are catching up and they better to something quick to just sustain not losing even more market share...</TD></TR></TABLE><p>They are doing a lot. For example, take a look at GM; they have shown remarkable improvements in quality and engineering over the past few years and are aggresively attacking the imports with many of their new models. Saturn is a perfect example of US automakers learning from their mistakes and going head-on into the competition. Ford is refining and refocusing its lineup on cars and efficient, well-built vehicles, and still holds a very dominant lead in truck-related products. Chrysler is one of the automakers that could pose the biggest threat to the imports, especially if their growth increases as it has and their products continue to outdo the competition. What you guys have neglected to mention is that Ford's plants are operating at increased efficiency and quality, and many have switched over to the lean manufacturing method that the imports pioneered. It isn't as one-sided as you guys make it out to be, and the gap between them is certainly not as wide as you imply.

Nick
02-28-2005, 12:15 AM
what about german potatoes?

r3vilo
03-01-2005, 06:18 AM
german producers insist that their potatoes are as high quality as ever and much better than the inferior unreliable french potatoes, even though recent tests show this to be untrue

Santeno
03-01-2005, 08:27 AM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>knicks125</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">but you know how their lost their leads in the first place? FYI - Toyota has just eclipsed Ford, to become the second largest automaker in the world.</TD></TR></TABLE><br>I suggest you go look at your production figures again. When you include sales of all brands owned or controlled by ford and whose profits are reported in ford's books (which would include mazda and PAG), ford continues to produce a great deal more vehicles than toyota both domestically and world-wide.

knicks125
03-01-2005, 08:47 AM
I quote from a Reuter's article: "Asias Hyundai Motor Co. Ltd. and Nissan Motor Co. Ltd. are likely to stand out among the months winners, with both posting double-digit gains, analysts said. <B>Toyota Motor Corp., which has eclipsed Ford as the worlds second-largest automaker</B>, should see its sales rise only slightly, meanwhile, and Honda Motor Co. Ltd. is seen posting weaker sales, as it did in January."

JBlair
03-01-2005, 08:53 AM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>knicks125</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">I quote from a Reuter's article: "Asias Hyundai Motor Co. Ltd. and Nissan Motor Co. Ltd. are likely to stand out among the months winners, with both posting double-digit gains, analysts said. <B>Toyota Motor Corp., which has eclipsed Ford as the worlds second-largest automaker</B>, should see its sales rise only slightly, meanwhile, and Honda Motor Co. Ltd. is seen posting weaker sales, as it did in January."</TD></TR></TABLE><p>As Santeno said, look at the sales figures. There is no way that Toyota eclipsed Ford as whole, with PAG included.

r3vilo
03-01-2005, 12:43 PM
myb im wrong but i thought that ford owned honda????????

knicks125
03-01-2005, 12:49 PM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>revilo_</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">myb im wrong but i thought that ford owned honda????????</TD></TR></TABLE><p>nope...that was supposed to be a joke <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/beigesmilewinkgrin.gif" BORDER="0">

JBlair
03-01-2005, 12:50 PM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>revilo_</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">myb im wrong but i thought that ford owned honda????????</TD></TR></TABLE><p> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0">

Santeno
03-01-2005, 01:27 PM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>knicks125</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">I quote from a Reuter's article: "Asias Hyundai Motor Co. Ltd. and Nissan Motor Co. Ltd. are likely to stand out among the months winners, with both posting double-digit gains, analysts said. <B>Toyota Motor Corp., which has eclipsed Ford as the worlds second-largest automaker</B>, should see its sales rise only slightly, meanwhile, and Honda Motor Co. Ltd. is seen posting weaker sales, as it did in January."</TD></TR></TABLE><br>Those were actually reported quarterly figures and were based on those toyota owned companies that report their number's under toyota. In other words, those figures were based on the sales numbers for both Toyota and Daihatsu (I think Hino might have been included as well, but I'm not sure about that part). Fords figures were different, and lower, because they do not report all of their quarterly numbers for all of their brands together with FOMOCO's numbers. For example, Ford reports Mazda's numbers separately from those of ford. as a result, fords numbers appear to be lower than those of toyota, but in reality they are considerably greater, both in gross sales and units producede and sold.

knicks125
03-01-2005, 01:31 PM
as far as for Mazda, I don't think Ford should report the numbers anyway, espeically since they don't control the company (less than 50% ownership), meaning they still don't control the company, rather, Ford just has a large ownership interest over Mazda<p>is that correct? <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1zhelp.gif" BORDER="0">

JBlair
03-01-2005, 04:23 PM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>knicks125</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">as far as for Mazda, I don't think Ford should report the numbers anyway, espeically since they don't control the company (less than 50% ownership), meaning they still don't control the company, rather, Ford just has a large ownership interest over Mazda<p>is that correct? <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1zhelp.gif" BORDER="0"> </TD></TR></TABLE><br>For all intents and purposes, Ford owns Mazda. They hold a majority 33.4% stake in that company by far (the nearest shareholder barely owns 9%). Granted, they can still be overruled by other shareholders, but Ford also puts out the most cash and most development resources out of any of them. Ford should report all PAG and Mazda sales in there, then we'll see how well Toyota fares.

r3vilo
03-02-2005, 06:06 AM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>JBlair</b> &raquo;</i></TD></TR><TR><TD CLASS="quote"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1orglaugh.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/all_coholic.gif" BORDER="0"> </TD></TR></TABLE><p>OOOOOOOPpppppppps.......................I got honda and mazda mixed up <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bangin.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/laugh2.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0"> <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/bonk.gif" BORDER="0">

Santeno
03-02-2005, 08:19 AM
<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>knicks125</b> &raquo;</i></TD></TR><TR><TD CLASS="quote">as far as for Mazda, I don't think Ford should report the numbers anyway, espeically since they don't control the company (less than 50% ownership), meaning they still don't control the company, rather, Ford just has a large ownership interest over Mazda<p>is that correct? <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/1zhelp.gif" BORDER="0"> </TD></TR></TABLE><br>That's an incorrect assumption. In order to have effective managerial control of a publicly traded company, greater than 51% ownership is not required. As Jblair stated in many cases simple ownership of a large number of shares gives you effective controls. the reason being that after a certain margin, you might be entitled to certain rights or certain seats in the board of directors. Depending on how the board is organized, enough seats can give you effective control of the approval process for the entity (which is what happens with Mazda). The reason ford does not report mazda's numbers with its own is because they are not required to do so. If I recall correctly, japanese law only requires you to do that if your ownership stake rises somewhere above 40% (I forget what the exact percentage is). By not reporting a company's figures in your books, you do not have to report that company's debt either (which in Mazda's case is considerable), yet you get the benefit of your share of income generated. The funny thing is that since you have effective control of the entity, you can still direct the expenditures and managerial processes of that entity even if ultimate earnings aren't fully flowing into your coffers, thus maximizing your investment dollars.

knicks125
03-02-2005, 09:08 AM
oh okay...got it<p>thanks <IMG NAME="icon" SRC="http://www.germancarfans.com/images/forums/beigesmilewinkgrin.gif" BORDER="0">