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What if you were in charge of GM?

874 messages,  Last post on Oct 28, 2009 at 10:20 AM

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What is this discussion about? Automotive News, Classic Cars, Concept Cars, Future Vehicle

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#873 of 874 Re: One more reason they failed... [grbeck] by Mr_Shiftright HOST Oct 26, 2009 (7:17 am)
Replying to: grbeck (Oct 26, 2009 7:08 am) I don't think so. I think the bottom 90% would include ALL UAW workers.   Households earning over $100,000 is about 15%. (85th percentile and above)   At $60000 per year, a UAW worker would be in the 63rd percentile.   A person earning minimum wage would be in about the 15th percentile.   U.S. national median is about $44,000 (50th percentile).   SOURCE: US Census Bureau, 2005   No matter how you cut it, if you're in 90th percentile or less, you are earning less money than you used to.
#874 of 874 Re: One more reason they failed... [vinnyny] by jae5 Oct 28, 2009 (10:20 am)
Replying to: vinnyny (Oct 25, 2009 1:49 pm) While I agree with you and the host that quality has to improve, continuously improve, GM can't continually use the "competitive disadvantage" excuse either. The day is going to start and end with product, the whole product, not just a little glamour and glitter. And it doen't help that GM over-prices their vehicles then has to put $$Ks on the hood to move the metal. Kind of counter-productive and doesn't really fall under competitive disadvantage.   Also, you earlier posted about the southern states offering tons of incentives to the the "foreign" manufacturers and not to the domestics. You do understand that this is based on new plants / facilities and the "incentives" don't last forever, usually lasting 5 ~ 10 years? Also, why would you offer a tax incentive when you don't have to? I mean, there may be a reason to do it, like if you're Michigan and you're trying to keep your one ecomonic base, but then can you actually afford reduced tax revenue? Unlike what the Fox gang thinks, you can't just cut taxes - eventually you're going to have to raise very high & very quickly.   Don't get me wrong, you've made good points & I agree with some of them. But the bottom line again comes to product, market knowledge, labor, management, willing to correct errors and being fleet of foot, especially in the global world.

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