Quote:
Originally Posted by Scott@Bjorn3D
I have been doing alot of reading on this and it looks like the unions are what are killing the big 3. Being down here in Alabama we have a few car plants and they make around 30.00 an hour for a worker. Most of the non union auto plants in the USA are paying 30-40 an hour. Seems pretty good to me.
But the UAW is charging 75.00 an hour to the big 3. Can anyone see the problem here? I would think people would rather make 40.00 an hour and know they will have a job and their company will survive than making 75.00 an hour and lots of layoffs and really not much job security.
And if the big 3 do not file bankruptcy they can't get out of these contracts. I would say file now and come out a leaner meaner company that can make it. Bailouts are not going to make the companys survive since they are still going to have to pay high union wages.
I do not want this to be a pissing match, but what do you guys and gals think on this? I want my Camaro but at the rate it is going GM may not be around to build it.
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Are you kidding me? Do you not realize the impact to the economy if GM files Chapter 11? Let me ask you a few questions -
Do you think the companies (a few of them) that make frames for GM's pick-up trucks and SUV's are going to continue to supply those parts when there is no gaurantee they will be paid?
Do you think the average American who is worried about his home and family is going to buy a new car from a company that is bankrupt which means they can legally refuse to pay for any warranty work? Truth is they would go somewhere else and then how many GM plants would still be building cars?
I wish I knew how many direct suppliers GM had to make you understand that a bankrupt GM means many bankrupt companies. Some of these companies can only survive if GM survives. Others, like Magna and American Axle for example, would face such a huge loss in business that it may effect the ability for those companies to supply Ford and Chrysler even though it's only GM going under.
Yes the union should be willing to make concessions without GM having to go under because surely they must see how many jobs are in jeopardy. They should also understand that Chapter 11 means a death sentence to their jobs and their wages.
Speaking of jobs, it is estimated that the ripple effect of GM going Chapter 11 is 3 million lost jobs in the United States. We all have to be very careful in what we wish for......some serious shit is about to be launched on all of us if GM goes Chapter 11.