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Michael More on GM, Future Autobuilding, Jobs
"HK" wrote in message m... Vic Smith wrote: On Tue, 02 Jun 2009 09:16:20 -0400, Wayne.B wrote: On Mon, 01 Jun 2009 13:56:14 -0500, Vic Smith wrote: The only hope for GM is to pirate Honda and Toyota management to run it. You've got to be kidding; they wouldn't know what to do with the mess left behind. The best bet would be to lease out the best of the production lines, and sell off the rest for what ever they can get. There is no hope for GM with a labor friendly government owning half of the company and the unions owning another big piece. I don't think there's much left of GM. @60k employees. Wages are almost down to that of the non-union imports. The retirement/health plans are being jettisoned. But their management is stuck in '50's, 60's type mentality. Cars are "romantic." Yeah, well business isn't. It's about profit. That's something Honda and Toyota know. --Vic I've gotten a few chuckles reading the complaints of the "corporationists" that a 31-year-old "kid" from the Obama admin is sorta telling GM what to do. Right, as if the 40 to 65 year old "seasoned" auto execs that were running GM had a clue. The U.S. auto industry has failed, and the failure is absolutely, completely, totally the responsibiity of auto company management, boards of directors, and shareholders, and the U.S. government and voters who have and are still resisting the sorts of measures it takes to help our car companies stay competitive with Asian producers. The righties would like nothing more than to have disposable employees who work for crap wages without decent working conditions, without health care insurance for themselves and their families, and without a viable retirement program. That, they think, will make us "competitive" with the rest of the word. Bull****. Workers in most modern countries are not dependent upon their employers for health insurance and many other benefits, and higher education for their children is either free or highly subsidized by the state. Perhaps if the U.S. car manufacturers "woke up" a few decades earlier and discovered the Japanese were just killing them on quality, and that quality mattered to buyers, they'd be in better shape today. Or perhaps instead of supporting multiple car lines that were identical but for the name badge, and the tremendous number of dealers such "duplicity" required, and worked on customer satisfaction instead...well... There are many factors involved in the demise of the Big Three. All of them are attributable to bad management. and corrupt unions. |
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