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United Automobile Workers of America (UAW)

16705 messages, Last post on Nov 25, 2009 at 6:56 PM
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Replying to: chetj (Apr 23, 2009 11:03 pm) -Rocky P.S. When are you going to add some pics to your carspace. I want you to prove to me that you buy american iron because I am having a difficult time believing you do!!!! |
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Replying to: dave8697 (Apr 25, 2009 7:48 pm) It doesn't really matter. If the judge doesn't tear up the contracts then GM will be broken up and sold to other companies. No company is going to emerge from bankruptcy if it can't generate a profit. Unless GM has some alternative magic bullet that doesn't void much of the UAW contracts. If they have such a bullet they haven't felt the need to use it yet. One thing they could do is just outsource manufacturing to other countries. With no US manufacturing, no need to worry about UAW costs for current staff, but retired employees would still drag down finances.
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Replying to: tlong (Apr 25, 2009 8:55 pm) -Rocky
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Replying to: gagrice (Apr 25, 2009 7:56 pm) -Rocky
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http://www.edmunds.com/insideline/do/News/articleId=146706?tid=edmunds.il.home.p- hotopanel..2.* It appears it is about official....I didn't believe it would survive even with the rumors of it becoming a niche brand. I personally would of liked to have seen the G6 survive as a Chevy but perhaps some version of it might make it's appearance at a later date??? I guess they could make a Malibu coupe or something??? -Rocky |
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Replying to: rockylee (Apr 25, 2009 9:22 pm) That would definitely be a big risk. But really, if you ran the New GM and your job was to make the company profitable, what would you do? I suspect you'd say kill all of the foreign competition through government action. But given that is not very likely, you are running the new GM and you have tough choices. Presumably the New GM already is a lot smaller, has many fewer divisions, and has dumped a large number of uncompetitive vehicles. If you want to compete with other makes you need to be have desirable products but still be profitable. If the full healthcare costs are still on the books for the retirees, I don't know how the bankruptcy court is going to say GM is viable enough to emerge. And I agree that if you are a retired worker it would suck big time. Even if I don't agree with the size of their retirement benefits, it's unfair not to get benefits that they counted on and planned for. On a similar note, a family member's wife works as a California unionized school teacher in very large district. She is two years from retirement after over 30years of service. Her RETIREMENT BENEFITS are a pension of $6K/month, with full health care for herself and her husband, for the rest of their lives. No wonder we are taxed to death in this state.
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Replying to: tlong (Apr 25, 2009 10:30 pm) No I wouldn't!!! Again for the millionth time I think competition on a level playing field is good for GM and the consumer. But given that is not very likely, you are running the new GM and you have tough choices. Presumably the New GM already is a lot smaller, has many fewer divisions, and has dumped a large number of uncompetitive vehicles. If you want to compete with other makes you need to be have desirable products but still be profitable. If the full healthcare costs are still on the books for the retirees, I don't know how the bankruptcy court is going to say GM is viable enough to emerge. Well now is this presidents chance to unveil his national healthcare plan. It would help GM cut costs and stay even more competitive. However that alone isn't going to save them. There needs to be tariffs slapped on the hoods of each import to level out the playing field. This would make it costly to use cheap foreign labor or manipulate your currency and those jobs would have to come back here and compete on a level playing field. I also would make sure EFCA passes to unionize the transplants. And I agree that if you are a retired worker it would suck big time. Even if I don't agree with the size of their retirement benefits, it's unfair not to get benefits that they counted on and planned for. Yep!!! The pension appears to be pretty secure but the healthcare is a different story. The best approach for the UAW is to pressure Obama to pass National Healthcare and in return to get GM to increase there pension plan so they can buy supplemental health insurance which would save GM billions and the retirees and active wouldn't lose any benefit coverage. That is how I personally would solve that issue. On a similar note, a family member's wife works as a California unionized school teacher in very large district. She is two years from retirement after over 30years of service. Her RETIREMENT BENEFITS are a pension of $6K/month, with full health care for herself and her husband, for the rest of their lives. Well that is more than double what my dad gets. Dad is getting $2900 a month thus taking a little less per month so my step-mom can collect in case he were to die. However he doesn't live in the costly state of California though either. No wonder we are taxed to death in this state. Watch California keep raising taxes, and watch the businesses and affluent individuals leave. I am not planning on retiring in this state. It is like GM and the UAW, but on a larger level. And like the UAW, the state unions are choking our finances. Seriously a home in California in the poor areas will run you $350K from what I could see by watching those HGTV shows like flip that house, etc. I'm sure it's a cool million or so where Gary aka gagrice lives in San Diego. I was born in Long Beach but I don't know what is so special about living there??? It is cheaper and warmer in Florida. I guess since I haven't been there since I was a baby I don't know what I'm missing, eh??? -Rocky
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Replying to: rockylee (Apr 26, 2009 12:09 am) |
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