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 [...]
