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Automotive News & Views United Automobile Workers of America (UAW)
16738 messages, Last post on Dec 03, 2009 at 10:07 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: explorerx4 (Dec 15, 2008 6:22 pm) http://www.aviationheritagearea.org/wrightCenter.htm It's a replica of the shop with rebuild of early models under Orville's supervision. Also early planes are at the Air Force Museum, Dayton, OH along with the prairie where the Wrights tested their planes.
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| who could be affected if Chrysler goes down and takes Cerberus and Sun Capital with it, grew up near Detroit and lived there most of his life. I think the name of the town he was in is called Madison Heights? He came out here in 2004, because the job situation was tanking even back then! His parents recently sold their house, and now live in Florida. I think they got around $110,000 for it, but back in its heyday it would have fetched well north of $200K. Theyr'e just glad to have it off their backs. | |
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Replying to: imidazol97 (Dec 15, 2008 6:39 pm) i am always in a hurry to get to oxford or head back out the other way. |
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Replying to: gagrice (Dec 15, 2008 6:15 pm) Saw White Christmas (musical play) at Fox. Only half full but last year was packed. All 3 are completely restored and were doing well. While a lot of Detroit city is old and not doing well there actually was a lot of new homes going up. Tearing down of whole neighborhoods and very nice houses gong up.
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Replying to: 62vetteefp (Dec 15, 2008 7:06 pm) So the housing boom of the 21st Century has had some pluses for Detroit. I think the pics of all the old buildings falling apart was taken in the 1990s.
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what about the 650000 retirees? The whole setup was based on continued growth in car sales. Of course they tanked faster when sales fell off abruptly in June of 2008. How can the sales growth that ended in late 70's ever return? Funny how Toyota claims to offer the best value in the industry 20 different times during the Giants-Dallas game last night. They state 'low rates' for full price cars as their reason. meanwhile Nissan advertised 0% interest, Ford is offering employee prices, and Chevy has $5750 discounts on base Malibus. With sales down 40%, Toyota is only willing to adjust the interest rate down a tiny bit and they call it the Toyotathon? Maybe Mulaly makes 7 million a year, but that is maybe one weeks worth of Toyota's additional advertising, compared to Ford's.
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Replying to: dave8697 (Dec 15, 2008 8:57 pm) What about them? Their pension is funded if GM goes belly up. They will have to go on Medicare like the rest of US retired folks. GM and the UAW screwed them with those contracts that pay as you go rather than setting aside for the future. It is a sad reality. UAW was set up like a government job without the printing press to just print more money. Now they are broke and no way out of their dilemma. The retirees should file a class action suit against the UAW for agreeing to that kind of an agreement.
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Replying to: gagrice (Dec 15, 2008 9:15 pm) "What about them? Their pension is funded if GM goes belly up. They will have to go on Medicare like the rest of US retired folks. GM and the UAW screwed them with those contracts that pay as you go rather than setting aside for the future. It is a sad reality. UAW was set up like a government job without the printing press to just print more money. Now they are broke and no way out of their dilemma. The retirees should file a class action suit against the UAW for agreeing to that kind of an agreement. " Walter Reuther would be shedding tears.
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The talk from the congress action (oxymoron) is that the sticking point is UAW being required to accept equal pay to the "foreign" brands assembly folk. The problem with this is the method of comparing. Are they using the bloated cost factor which includes the cost of the retirees' checks and healthcare? Or are they going to use what the worker gets in their check to take home? I didn't hear that stated (not that it wasn't stated). Does anyone here know? The statements keep being put out the current pay is less, slightly, than the foreign brands workers' pay. What's the real data on that?
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Replying to: imidazol97 (Dec 16, 2008 3:55 am) Does anyone here know? Either the southern Republicans did not know or do not care. They are using any stick to shut down the north. They have thrown their lot in with the import transplants in their states. By the time the final negotiating was going on they knew that the UAW wages were at parity if not lower. Job banks would have been dead. Health care was planned to be self paid by the UAW but the domestics have to put in large amounts of cash and I think that was the sticking point. At the first hearing it was obvious our representatives were as unprepared as the CEO's. CEO's had no idea that what was going to be thrown at them and most of the reps had no idea what they were talking about. The South will rise again! At least until they run out of water.
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