Originally posted by LePaul
Well I dont mean for this to fall into a "management is just as wasteful as the union" kinda tirade.
I guess my basis for comparison is what's going on the in the airlines these days. These folks know their company is on the brink and are conceeding a fair amount of pay, benies and even pensions in one case. I've yet to see the UAW publically state how they'll help (asides pointing out how wasteful some areas of management are...).
If things continue as they are, there will not be a GM and Ford. Toyota is within striking range or surpassing GM. Honda and Toyota are reaping record profits and looking to build more plants. The domestics are floundering.
I'm just curious what their plan is. The last time I saw a news clip on the UAW, they were blaming George Bush for all their woes. Its a sad day when these guys strike out at political figures rather than face the facts...they are building vehicles people dont want and clearly...clearly...arent buying. Maybe someday they'll face that reality.
But when I see on the evening news that each new car costs $1200 extra because of the health demands of the union...and research all the perks these guys have...I move along to another brand.
The problem is UAW, Ford and GM will blame anyone else under the sun, other than themselves. They'll never restore the relationship they enjoyed for 40 years.
I give them 5 years anyways. Investors laughed when Ford sold Hertz, in an effort to "cut costs". They gained NO GROUND from this move. Now, Ford wants tor break apart the PAG (Premier Automotive Group) located in Irvine, Ca. Aston Martin, Land Rover, and Volvo are now on the chopping block.
At some point piss poor Managerial skills need to come into play. If Ford sells Volvo, I give them a shorter life expectancy. That is the problem with Corporate America today, noone will take accountability for the piss poor Executive bodies in most Corporations.
The US Automotive Industry is gone forever, and will never see the greener fields of the past.