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Automotive News & Views Delphi Restructuring A Key To The Industry?
470 messages, Last post on Jan 10, 2008 at 3:43 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: imidazol97 (Feb 07, 2006 6:40 pm) They told him we can't compete unless you even up the playing field even if we make better cars. The Japanese don't have legacy costs, get huge tax breaks for building some plants here, etc etc was said to President Bush. He told them they need to honor their pension obligations and make better cars. The UAW even said Bill Ford and Rick Wagoner had every right to complain since they know it's currently impossible to compete with labor pools making $2 an hour and below. Bill and Rick already have spoken about the Chinese, and India made car. Their only hope will be it directly impacts Toyota, Honda, Nissan at first. Perhaps a different administration will help american manufactoring out ????? Rocky
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Replying to: rockylee (Feb 07, 2006 7:19 pm) Also add on the undervalued currency for Japan (and China) that make their cars cheaper here. This has been a game since the Carter era. It's not just a W thing.
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Replying to: imidazol97 (Feb 08, 2006 5:20 am)  Rocky |
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the one that came up with The Trade Act, which paid for my college education after getting laid off from The Boeing Company in 2003, rockylee. I liked how The Trade Act paid for my books and full tuition, therefore I also like Jimmy Carter's Adminsistration for helping to bring it into existence. Solutions are win-win when you have a deal paid for by the government like The Trade Act.  I retrained in the Allied Health field which, if anybody's reading this message and thinking of job training, is booming and the need will continue to grow as the baby boomers age.
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Replying to: iluvmysephia1 (Feb 08, 2006 7:09 pm) I personally miss William Jefferson Clinton, His speeches and state of the union address's gave my generation hope for a bright future that was going to filled with good jobs. President Bush didn't continue on that tradition and kicked those hopes and dreams down a hole.  Rocky
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NAFTA came into effect when Bill C. was in office, too! 
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Replying to: rockylee (Feb 08, 2006 7:16 pm) If you didn't mind triangulation and borrowing from the future, he was nice. But that borrowing from the future with pretend surpluses via accounting changes eventually catch up with the nation. Saying one thing and making people think one thing was going on while he really was doing another seems to have continued through today. Low interest rates helped keep the deficit appearing low. Our businesses have been sold into other countries. The mantra of its a world economy have been nice for politicians, but not so nice for the workers. But some don't seem to mind as long as they can "feel good" about what's happening. The union vs. world order is going to play out. How effectively GM US can break the union determines how the company looks 10 years from now. |
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"The union vs. world order is going to play out. How effectively GM US can break the union determines how the company looks 10 years from now. " Qutoed for truth. |
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in the next few weeks regarding GM, Delphi and the like. The sad fact remains that the industry is hurting, they're bleeding red ink so badly that the workers must budge, back down a bit in their demands. Hey, I was a Ford man before turning to Kia. I liked my Ford's but was not crazy about them. If the Focus hadn't turned into such a recall fiasco I might have stayed in the Ford camp(I researched the Focus from Ford and liked it on paper and the pictures, sort of, that is, but never sprung for one). But it did turn into a fiasco and I've found a foreign car provider that works well for me. The Detroit automakers should be humbling themselves into turning out better product. I think they're moving that direction. The new concept Camaro should be rushed into production. It's exactly what they need. The HHR is selling and answering the PT Cruiser challenge, but unusual projects like the SSR (which I applaud Chevy for)have not caught on but seem to have only annoyed the public. With their borrowing rating turned to junk status and valuable profit margin sinking(actually bleeding) the parts houses and direct GM employees have to give. THe UAW will need to budge. Somehow on this one they will. Paying people to sit and read the newspaper is not the way to stay competitive with the imports. Americans are voting with their pocketbooks on this issue and Toyota continues to gain market share along with Honda, Nissan, Toyota, etc. My South Korean favorite Kia is gaining year over year in sales and is planning a huge tech/testing center in So-Cal. Sure, Toyota is concerned about shaming GM too badly. But how concerned do you think they really are? Who knows, maybe GM can pull it off. My old employer, Boeing, is coming back strong now in their battle against Airbus. I've found life in the hospital industry and won't go back to Boeing. A lot of my friends who were also laid off have gone back to Boeing in the Pacific NW and I'm happy for them. I just am choosing to get off of that particular roller coaster, for life.
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Replying to: iluvmysephia1 (Feb 09, 2006 7:14 am) Seriously why can't Rick Wagoner and the overpaid board of executives who's made/make tens of millions take another pay cut instead of it always being pushed upon the workers who are getting squeezed and are actually feel real affects. Hell they are laying off 30,000 workers at GM and you want more from the UAW when Rick is still making $1.1 million not including stock options and bonuses ????? Is Uncle Rick who is in control of the biggest automotive company in the world and who is responsible for making the company a profit with products the american people desire and want to own (WHO'S FAILED) worth that kind of change ????? I like I've said before the easy answer is to squeeze the low man and is a excepted practice in this country. When leadership fails the low man is the scapegoat. Why not lay-off Rick Wagoner and the rest of the idiots who've taken the biggest and greatest company "the world has ever known" and run it into the ground and rape it's wealth because of greed. I do believe GM could pay it's UAW workers very well if not better than they are now, if only GM from a very long time ago (70's-on) would of been managed by people with a "vision" of long-term buisness success strategy like Toyota. Rocky
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