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Default More Real Job Loss

On Tue, 29 Nov 2005 15:19:52 +0000, NOYB wrote:


One of the major reasons GM's cars aren't selling, is gas mileage.
Perhaps, the lower CAFE standards for small trucks and SUVs, was a
little short sighted.


I have an Infiniti G35 that gets worse mileage than any GM car that I've
ever owned. If you look at GM's midsize and full-size cars, their fuel
economy is as good as or better than the imports. Same goes for their
trucks.


Not my point, I'm not talking individual models. I'm talking fleet. GM's
production line is heavily weighted to SUVs and light trucks, gas
guzzlers. It's the 1970s all over again, and GM didn't learn it's lesson.
Americans may like large cars, but with the uncertainties of gas prices,
they prefer fuel efficient cars. Don't believe me? Check out Hummer
sales.

GM's problems are many. It's not just gas prices, and it's certainly not
just labor costs.

http://www.time.com/time/magazine/ar...4747-2,00.html


Fuel economy isn't the reason. High labor costs is the reason.


Legacy costs, perhaps, not labor costs. Toyota's American operations have
similar labor costs.

http://money.cnn.com/2005/01/09/pf/a...toshow_walkup/
 
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