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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: marsha7 (Dec 14, 2008 6:26 pm)  Be careful what you wish for or I'll bury you in links... He said, he said: Battle heats up between UAW and Republicans (Detroit News) "I am telling you there are over 100,000 people in Tennessee – people exactly like you and me -- who are getting ready to be horribly and brutally affected by the automotive industry collapse." Roy Exum: Pigs and Money (Chattanoogan.com) "An abrupt bankruptcy for autos could be devastating for the economy," Bush told reporters. The UAW's Gettelfinger said the failure of the legislation showed that Congress should stay "away from the bargaining table." White House: No immediate deal on auto loans (AP) Gettelfinger, often a harsh Bush critic, said he hopes to avoid a rerun of the Senate showdown in which "organized labor was singled out." It's not only automakers in trouble, but their suppliers. Fitch Ratings put seven on ratings watch last week because of vulnerability to GM, including American Axle, ArvinMeritor, Hayes-Lemmerz, Johnson Controls, Tenneco, TRW and Visteon." Carmakers feel urgency to see Bush act on rescue plan (USA Today) And a headline especially for you Bob: North and South split as US battles to save GM, Chrysler and Ford (Times Online) The blurb - "The UAW says that a double standard has operated by which the South has attracted investment from foreign car companies, with more than $3 billion of state subsidies since 1992 — while denying help for the North."
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Replying to: steve_ (Dec 14, 2008 7:30 pm) And the sad thing is, the restaurant my friend is working at is actually doing a good business, even in these times! Yet, he and everyone there is in danger of losing their jobs because of something going on in a completely different industry!. He's already looked into picking up a part time job at another restaurant, and if his place goes under, he'll be able to pick up more hours. Some of his co-workers have done the same, and I think the managers are looking into other alternatives. |
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Replying to: dallasdude1 (Dec 14, 2008 3:43 pm) Since we know we will be competing with China, why not get agile and excellent now? Detroit has decades of slow responses, shouldn't we move world-class fast? That's why this incremental stuff like GMs unwillingness to shut down divisions (which should have been done 5-10 years ago when they had more money) is so exasperating. One thing that is certain - propping them up won't solve their problems; it's like giving an addict more cocaine. Let's hope they make real tough decisions in spite of any bailout money that goes their way. Having the taxpayers pour money into them will hurt the country a lot if they don't change their ways, and FAST. |
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Replying to: marsha7 (Dec 12, 2008 7:29 pm) Fox Theatre  Opera House  Gem Theatre 
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Replying to: 62vetteefp (Dec 15, 2008 5:32 am)
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Replying to: dieselone (Dec 14, 2008 3:17 pm) |
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Replying to: gagrice (Dec 15, 2008 6:29 am)
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Replying to: dallasdude1 (Dec 14, 2008 3:43 pm) A large Soviet integrated steel mill would employ 50,000. A similar American one would employ 10,000. This was back in the heyday of Big Steel. I imagine the Chinese still use the old Soviet model. |
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Replying to: 62vetteefp (Dec 15, 2008 6:59 am) |
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Replying to: gagrice (Dec 15, 2008 6:29 am) I have been thinking the same thing. With all the social / politcal / economic issues at heart with these stupid bailouts, err I mean handouts, I wouldn't think that some kind of civil unrest in the not too distant future would be unheard of. |
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