Simple. Tell them the day the contract is over, it is over. No
severance needed. Minimum to get rid of the losers. Start making the
Or move Ford USA into a holding company, declare Ford USA subsiduary
bankrupt, close the doors and the parent Ford World lives on.
Perhaps the UAW noticed what happened to the American steel workers. The
USW Union agreed to big wage and benefits cut several times, but the steel
companies still when bankrupt.
Competition from foreign steel companies, that received huge supplements
from their governments and over regulation buy the US government, drove the
US companies into bankruptcy. It made no difference what the Union did to
help the companies stay in business and save American jobs.
All one need do is look back at what happened to our manufacturing base
after the EPA was enacted. in effect we "EXPORTED" our pollution and our
jobs along with it.
Now Bo and the Dims in Congress want to enact a carbon tax, to save the
world, that will export the rest of the jobs of you children and grand
Agreed. The auto workers could give up all benefits, work for free,
and Ford / GM / <insert favorite company name here> would still manage
to squander any benefit derived by the elimination of labor expense.
Ford is reporting a profit as we speak, but you are correct in that labor
costs are not necessarily reflected in the amount of profit an auto makers
Toyota pays it employees in the US lower wages, offers less desirable
benefits and does not offer a defined pension plan, yet their cars cost the
customer 20% to 30% more to drive home than comparably sized and equipped
domestics. Even with that Toyota has been operation at a lose for almost a
A companies profits are a result of its economies of scale.
Nope, that is inferance by bullshit.
People working at Toyota have more jobs left and 98% of Americans don't
have to support them likes of GM. Toyota contributes to the society
around it. GM pricing is low because of brand damage, corporate
welfare, its paracitical nature and crappy quality.
Toyota during good time paid down debt, GM on the other hand stiffs
people who lend them money or sell them parts. Toyota looses a small
faction compared to GM which gushes loses.
If you were a supplier, had $10M in parts, 1/2 good parts and 1/2 fair
parts. And GM and Toyota came to buy them, would you send the good
parts to GM after they shafted you on paying for parts in bankruptcy?
Hell no, GM is a second rate customer after screwing so many. Good
customers that pay their bills get good parts.
Ceasar was the leader in Rome, now where is he? Companies like people
age. GM has plenty of old age rot inside and it is dying. GM is about
the same difficulty as resurecting the dead. May god help them. But
forgive me if I don't hold my breath. Those loans will never be repaid
and any MBA dork knows you don't sink good money into bad.
But, but, but, that is what you have been saying over and over again ever
since you came into the NG but GM still out sells Toyota in the US.
Apparently your opinion is still that of a minority, dummy. LOL
What's your point, Toyota is also loosing money and it has the advantage of
not paying US Corporate Income taxes on the profits it earns in the US, as
well as being supported by the
Japanese government, ever since WWII LOL
wrote in message
The point is, you keep stating that GM outsell every other car maker. That
maybe true today, but it is not for much longer. GM has been losing market
share for some time and the trend is not changing. They are not making
money. Something radical has to be done or they will be gone. Toyota my be
a big grabber, but so are many other brands taking away from GM.
I used to be a loyal GM buyer. Not any more, they've lost my trust. Many
people feel the same way.
That may be your opinion but it does not make sense. Obviously that is not
the opinion of those that still buy GM vehicles. That is WHY GM is still
number one in sales, more buyers still chose GM over every other.
It was not that many years ago that the soothsayer were predicting Ford,
that at the time was selling seven of the top ten selling vehicles in the
US, would soon out sell GM but that has yet to happen... Toyota has to
first catch up to Fords US sales, before it can catch GM. LOL
I'm not offering an opinion. I'm talking about fact. GM cars have been
losing market share for many years. To many other makes, not just Toyota.
Some decades ago, GM had 41% of the US car market. Just look at the trend.
If not stopped, GM will just fade away at some point.
It wasn't all that long ago that GM was focused on maintaining its 29
percent market share. Boy what they wouldn't sell give to be back at that
point right now (not including executive pay). Automotive News [sub]
reporting that GM's market share is below 20 percent for the first time in
the company's history (dating back 100 years to 1908). As of May 2008, it's
19.1 percent to be exact. Meanwhile, despite a fall in sales number,
Toyota's market share jumped up to 18.4 percent. Count out the
impossible-to-count out fleet sales and you can be sure Toyota has passed GM
in private market sales. On the positive side, least when GM isn't number
one in its home market any more, a lot of the pressure to move the metal at
all costs will decrease. Maybe. Alright, no.
1941 - GM market share grows to 41 percent.
1979 - GM's U.S. employment peaks at 618,365, making it the largest private
employer in the country. Worldwide employment is 853,000. Decade features
sales decline, recession, Arab oil embargo and gains by Japanese automakers.
DUH! Get real, do you think the TOTAL number of vehicles and the TOTAL
number of manufactures has been stagnant for the past 40 years, let alone
from 1908 when less than 30,000 cars were sold, Even today in BO,s bad
economy, the market it is still over 11,000,000
What a buyer chose to buy is indeed indicative of their opinion of which
THEY believe is the better vehicle for them.
2007 was the year when the highest number vehicles ever were sold in the US
and GM sold more that year, when it "share" of that market was lower, than
it did back when it had nearly 50% of the market.
Even today, while the market went down by around 9,000,000 vehicles
annually, GM is still selling more than any other, and you beloved Toyota at
less than 15% still third behind Ford.
Market share. They are losing market share. That means they are dying a
slow and painful death. If their stuff was so great, they'd still have that
41% market share. Your second paragraph show exactly why they are losing.
Buyers choose what they believe is better and that is less and less a GM car
As for Toyota, they are not beloved to me. Never owned one, no plans to buy
one in the future. I don't give a damn what happens to them.
I happen to like the new Buick LaCrosse, but I don't trust GM enough to buy
one. I bet it would be a nice car for a year or two; then it starts to fall
Obviously you were not an Economics major, if that is what you think about
growing/declining markets and ones share of that market. When it comes to
total market no matter the number, the one that sells the most, logic says
is the one that largest number of buyers prefer, period. All the others,
not so much, whether you would prefer to buy one or not in immaterial LOL
Exactly right, but there is a trend you do not seem to see. More and more
people are selecting GM less than ever before. Why do you keep ignoring the
fact that GM is on the decline in market share and is losing money? That is
just not a good business position no matter if the quality of the car is
good or bad. It means they eventually go out of business unless corrected.
Used to be that 41% of the buyer preferred GM, now only 19% prefer them. At
the rate of decline it will soon be 10%, then 5%, then 0%. Kaput!
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