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I hope they know how important it is to re-negotiate or demand the UAW come to terms with what type of cut they get from union employees. Union employees get high salaries on paper, but it is my understanding they give a large portion to Union dues. If I am incorrect please let me know.
GM must understand how important it is now more than ever to produce a car for a reasonable cost and sell it at a fair value to the consumer.
I stopped by a ford dealer today to drop my explorer off for service. I walked over the the stangs and looked at the pricing. The top one on the lot went for 32.5k at MSRP, but then they had discounts for employee pricing, manufacturer rebates, and dealer rebates, which took the price of the car down to 27.3K after all said and done.
If they offered the cars for a fair value they would not need to show all the different discounts. They need to say, here is what we paid to make it...Invoice! Here is a reasonable markup to allow us to show some profit and make it worth while to invest in this business...MSRP!
I once asked the Manager of the business unit for Ford why it took so long to get in and out of the dealership when people buy cars. He stated "some are done quick". Those who see the price and finance the price listed are in and out. Those who want to haggle for trade in and price are there longer due to the hoops the dealership must jump through to make the deal". I stated if the cars were reasonably priced we would not be sitting here so long. His response was "we all are here to make money". I guess now they are all there to save a business. It is time to renegotiate salaries and restructure vehicle pricing.
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