Obama Believes GM Should File For Bankruptcy, But Real Issue; UAW Contracts Not Up For Debate…
We all know that the reason US Automakers can’t compete is because Detroit’s cost of producing an automobile is about $2,000 more than the cost of producing one with a foreign name brand. We also know that this cost is as a direct result of the concessions the United Auto Workers (UAW) Union has forced [...]
Barack Obama’a Auto Task Force Members To Finally Drive American Cars…
Personally, I think that till Obama’s Auto Task Force turns its focus on how to reduce the labor expenses of the Big 3, it is merely putting up a dog and pony show. Overall, GM / Chrysler /Ford need to get to a point where their operating expenses are lower than their revenue so that [...]
George Bush- “Auto industry bailout is not imminent…”
Thankfully, it seems Dubya has finally figured out that bailing out the Auto industry is like taking a large sum of money and throwing it in a bottomless pit. The essesnce of the free enterprise system is that profitable companies survive and excel, less profitable ones fail and go out of business. Detroit has chosen [...]
Yikes… UAW Contract has 2,215 Pages…
Any wonder why Detroit is so far behind when it comes to profit? I’ll tell you this much, those 2,215 pages don’t include much regarding efficiency and competitiveness. What you’ll find are hundreds of rules, regulations, and letters of understanding that have hamstrung the auto companies for years. Laborpains.org Posted by PUMA Pundit
UAW tries to blackmail Congress like they’ve been blackmailing Detroit…
UAW has a new ad talking about why they deserve a handout: Reason 1- Millions of people would lose their jobs if they don’t get one. Reason 2- Wall St. got a handout, so should they. How about if UAW voluntarily disbanded and allowed management to make decisions that focus on the bottom line instead [...]
