> snipped-for-privacy@mail.com wrote:
>> SC wrote:
>>
>> >Part of the whole problem is the greedy unions.
>>
>> A very small part of the whole problem. Otherwise Caterpillar, which
>> is also represented by the UAW, wouldn't be doing so well and wouldn't
>> be considered the best in its industry.
>
>Caterpillar is beginning its slide
>
>Foreigners are making better machines and Cat is facing the same
>downhill future as GM
>
>
>
>>
>> GM's trouble is 90% bad management. Either they hire Carlos Ghosn from
>> Renault to save them, or they eventually get taken over by Ford or
>> Magna, a parts manufacturer.
>
>It is too late to save GM
>
>some parts of it might be usable after the bankruptcy if it comes clean
You may want to take a look at some of the Cat equipment they are now selling. You will find it is actually manufactured by Mitsubishi and other international companies instead of Cat in their USA plants. It appears Cat is competing with the import equipment with the same equipment from the same factories at a price disadvantage using only their reputation and product support as strong points.
Lugnut