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Automotive News & Views United Automobile Workers of America (UAW)
16701 messages, Last post on Nov 20, 2009 at 3:39 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: michaell (Nov 21, 2008 1:51 pm) They all have them mapped out. It is not something you can just discuss in a public forum. Need to sit down and see all the issues. Big issue is where our country will be next year. 10 million sales? 12 million? 8 million? These are key factors on why Wagoner could not give a good answer on how much is needed. If sales went back up to 15 million GM would not need much. If 5 million then the burn rate is horrendous. |
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Replying to: circlew (Nov 21, 2008 2:20 pm) So the big 3 go to DC with their proposals, some government financial expert works out what is needed, and all parties do what DC says. Current Pensions (hourly/salaried) transferred to the government future pensions (hourly) transferred to the government (or go to 401 like most salaried already has) No healthcare coverage (already gone for all retired salaried, hourly pay their own w/o domestics VEBA payments) No bonus's (already gone) Top execs base pay cut 30% Hourly pay cut to $45/hour w/few beni's (hey UAW supported Obama) Job banks gone Sell the jets (already being sold) Government officials on boards Government given stock in all 3 companies Current stock owners allowed to keep stock with no dividends(already gone) until profitable and government paid off. GM allowed to kill 3 brands with no dealer franchise issues. What did I miss? |
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For all those who think the shrinking suppliers won't be a major factor, we've been through this already in this part of the midwest. For those saying that they get what they deserve, that's not a good attitude. It affects more people than just the bigwigs and the part of the UAW some love to hate. We currently have an SUV plant closing in December. The suppliers who are just-in-time in the area are announcing the layoffs and closings. After losing many GM (Delco and Delphi) plants along with Chrysler through the years, now we lose the non-UAW truck assembly plant. >Hourly pay cut to $45/hour w/few beni's (hey UAW supported Obama) I have to laugh at that. The poetic justice is the plan that Obama is floating to see how the winds blow cuts the UAW... They supported him heavily along with organized labor in this area, what's left of it. >GM allowed to kill 3 brands with no dealer franchise issues. Good. |
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Replying to: 62vetteefp (Nov 21, 2008 2:35 pm) You've made this statement before, but it makes no business sense. Consider Honda, for example, which has been building cars here for almost 25 years. Why would Honda anger current & potential customers & sever longstanding supplier relationships when the cost benefit would be negligible at best? Wages in Japan are among the world's highest, & if Japanese brands consolidate all of their production there, shipping charges will climb sharply. Some of the larger cars (the North American version of the Accord comes to mind) are built here because they aren't sold in large numbers anywhere else. If you shut down North American production of these models, you'll probably have to build new plants elsewhere. How does that pay? It would make more sense for foreign brands to cherry-pick by buying up the most modern of the Big Three plants & then shutting down older plants at home. It wouldn't surprise me if some German auto executives are thinking along these lines; German auto workers are the world's most expensive. In comparison, non-union U.S. workers are a screaming bargain. |
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Replying to: rockylee (Apr 20, 2007 9:52 pm) 
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Replying to: chikoo (Nov 21, 2008 11:40 am) http://www.beggarscanbechoosers.com/2005/04/ceo-pay-soared-in-2004-as-us-economy- .html |
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I don't actually want the Big 2.5 to fail, but I'm not going to buy a car that I don't enjoy driving out of some misguided sense of patriotism. The fact is, the only two modern US cars I'd consider owning are the Mustang Bullitt and the Corvete Z06. However, right now I need a car with a bit more passenger space, and virtually everything else from the US is too big, too heavy, or FWD(the Mazdaspeed reinforced my hatred of that particular powertrain configuration). When a US car maker builds-or better yet, imports-a four place RWD sedan that is less than 180" long, weighs less than 3500lbs, and is fitted with a six speed manual I'll actually give it serious consideration. For the time being, an E46 330i ZHP fits those requirements to the letter. And just for a bit of backround, I modified my last Chevrolet equipped as follows: L82 Air filter/valve covers Crane HT Cam/lifters Edelbrock Performer Intake Quadrajet carb(calibrated by yours truly) Recurved Delco Distributor/Mallory Unilite/MSD5 Blackjack Headers 3" dual exhaust with Cherry Bomb Q (Turbo) mufflers B&M Transpak(Street/Strip calibration) Flex-A-Lite 15000 lb.GVW Transmission cooler 3:42 Final Drive Ratio The only work I farmed out was the recurve, theTranspak install and some exhaust pipe bending. And I still rebuild Q-Jets(upon request) from time to time... |
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Replying to: chikoo (Nov 21, 2008 11:50 am) My biggest concern is the negative effect on the economy which is already dealing with a credit crunch as a result of a real estate bubble. Then there is certainly going to be more contraction as the war effort ends. We are being faced with 3, 5, or even 10 years of negative GNP, high unemployment or under employment, and a transition period were workers will have to find other means of supporting themselves and their families. This is no different than when the large main frame computers displaced millions of file clerks. It will work itself out in the long run. Something along the lines of the GI Bill would ease the transition. |
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