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1261 messages, Last post on Feb 27, 2008 at 7:47 AM
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Replying to: hansienna (Oct 07, 2007 3:15 pm) Invester's stocks and bonds. Employee's 401-K and IRA's. Anyone know where all their 401-K's and IRA's are invested in? |
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Replying to: dennisctc (Oct 07, 2007 1:30 pm) As for R&D, maybe some of you are finally getting it. Because of years of capitulation to big labor, the Big Three aren't able to invest the same as Toyota, Honda, and now Hyundai on R&D, and the end results are inferior products. Not to say that Detroit isn't capable of putting out decent cars, of course. My larger point is that fundamentally, I'm a free market guy. I've changed as I've gotten older (and I'm not old, I'm still in my 20s!) Four or five years ago, I would only buy American out of that sense of guilt. But I've been left stranded and abused (literally actually) by an American company that I finally got driven to Toyota, and I haven't looked back. I'm not longer convinced its the "right" thing to do, in fact I feel like by settling for inferiority, I'm basically enabling a flawed industry that needs drastic reformation.
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Replying to: mfletou1 (Oct 07, 2007 7:40 pm) It's called corporate greed. GM management complains that they are losing $1,500 per vehicle because of higher labor costs than Toyota. However, that doesn't keep the top executives at GM from averaging 250x more money per year in salary and bonuses than their average production worker. I read a statistic recently that said if GM would go back to the 60s, where the top executive salary was "just" 20x more than the average worker, they would turn that $1,500 loss per vehicle into a $1,000 profit.
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Replying to: tedebear (Oct 07, 2007 8:10 pm)
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Replying to: marine2 (Oct 07, 2007 9:47 pm) Automotive News & Views |
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Note the LED pipe lighting future minivan |
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| As of 11am, UAW is on strike against Chrysler. Likely will delay the arrival of the 2008s, so it might hit them where it hurts. | |
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Replying to: dennisctc (Oct 10, 2007 4:45 am) Plus, that only seats 6, my Sienna seats 8. This is progress? Mood lighting has been in many concepts before, and I doubt that would make production. I like the 4 DVD screens and the center console, and the 2nd row seats remind me of the LS460L's. I'll pass, though, too much pseudo-luxury and not enough utility.
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Replying to: ateixeira (Oct 10, 2007 10:16 am) |
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Replying to: dennisctc (Oct 10, 2007 4:45 am) |
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