GM BANKRUPTCY/ COMPANY SPLIT

[Shifty 6]

Originally Posted by Blackwolf View Post
I see this as a problem also. Except I see it from a different position. Try to raise a family on $12 ~ $15 an hour. It's not necessarily that the US worker is OVERPAID, in my opinion, the foreign car worker is underpaid!

It's called a livable wage


Guys I hate to say this, but one could argue professional sports aren't worth the money they get paid. BUT the laws of economics says otherwise. I would say the job is worth what it is worth. That is why we have Mexicans picking lettuce for $3-4 bucks an hour (or less). What GM is really struggling with is the heathcare costs for retirees, so the labor wage doesn't bother me too much. Keep in mind the more the UAW makes an hour the more that car is going to cost. If the US made car costs more then a COMPETITIVE FOREIGN car the Americans typically won't buy it.

Look at WalMart, why do people shop there? Because it is $1 less at Wal Mart. Where does all (in general) the junk from Wal Mart come from? China, Japan...etc. Cost is still cost and profit is still profit. If you want a "liveable wage" then all the stuff you buy is going to cost more, it is simple math. I'm not saying it is wrong, I think people should make what they can get. If that is $50 an hour great, but if it is only $10 an hour, well pick a different career. Just don't expect to make $50 an hour and then go buy a Toyota because it is cheaper, and you perceive it to be better. Just my $.02 worth.

[fastball]

Originally Posted by Blackwolf

I see this as a problem also. Except I see it from a different position. Try to raise a family on $12 ~ $15 an hour. It's not necessarily that the US worker is OVERPAID, in my opinion, the foreign car worker is underpaid!

It's called a livable wage.

And the beauty of America and a free market is that you have the power to make your own future...... if you don't want that $12-15/hr job, get an education or take up a valueable trade (of which there are many, non-union, respectable trades that are very lucrative - moreso than car building).

No one puts a gun to anyone's head and tells them they have to take a job doing anything. On that same token, only unions put guns to companies heads and tells them what to pay people. If you're happy with the wage you make, great! If not, go after a career that makes more money and will be in demand. But unions have far usurped the reason for their existance a long time ago.

This is no longer the 1930's and the days of Jimmy Hoffa and the mafia vs big business slave drivers. Today there are laws (which I will certainly thank the unions for fighting for) that protect the worker in ways they were not protected before unions. These laws provide a safe and effective working environment and prevent companies from essentially slave driving workers. These laws DO NOT nor will they EVER dictate the free market value of anyone's employment. That is anti-capitolism. It is socialism. And such practices hold not only business but workers from advancing their production and income.

[80Zedder]

Wow, worker bashing, can't say I am not surprised. We have made a lot of consessions. We are on par with the foriegn automakers. We cost 7.1 percent of a vehicles cost, GM got eliminated so much "6.7 percent, that it is a non point now. Its not the fact that I make over 25 an hour. We could work for free and GM would still be hemmoraging money. Looks up facts before you start typing out your statements. And the plan is shaping up to be this. Chevy,caddillac,gmc,buick will be in and out of bankrupcy fast so not to lose face and customer confidence. Saab,hummer,saturn will remain in bankrupcy until sold or killed off. Pontiac is undecided at this time. Hopefully bankrupcy doesent rear its ugly head. But the possibility of it happening are looking brighter.

[dodson914]

Originally Posted by CamaroScotty

Oh, and this out of the IDL from Friday:

Top selling GM cars for March:

1. Chevy
2. Chevy
3. Chevy
4. Chevy
5. Chevy

Chevy will be staying.

I really would have thought that Pontiac would have been in there at least once with G6 sales.

Hard to see them getting rid of Buick as well. We may not like it a lot over here but it's a HUGE seller in China.

[NightmareSS]

i dont really care what happens...aslong as they keep the camaro and tahoe going! and cadillac too...

[cam2fst4u]

they may take the higher sales vehicles of what sells the best and rebadge them under another name for chevy?

[Sierra]

Why are you all hating on GMC?

[Sierra]

Originally Posted by 80Zedder

Wow, worker bashing, can't say I am not surprised. We have made a lot of consessions. We are on par with the foriegn automakers. We cost 7.1 percent of a vehicles cost, GM got eliminated so much "6.7 percent, that it is a non point now. Its not the fact that I make over 25 an hour. We could work for free and GM would still be hemmoraging money. Looks up facts before you start typing out your statements. And the plan is shaping up to be this. Chevy,caddillac,gmc,buick will be in and out of bankrupcy fast so not to lose face and customer confidence. Saab,hummer,saturn will remain in bankrupcy until sold or killed off. Pontiac is undecided at this time. Hopefully bankrupcy doesent rear its ugly head. But the possibility of it happening are looking brighter.

I agree. Don't bash the American worker.

[ArcAngel]

Buick looks to be on the outs as well
http://www.leftlanenews.com/report-s...k-from-gm.html

So Chevy, GMC, Caddy!!!

[CamaroScotty]

Problem is, GMC is USUALLY paired with PONTIAC, and sometimes Buick at the dealerships....If GMC remains, I doubt that those dealers can make it with just the GMC brand alone.

[ArcAngel]

It all depends on what GMC becomes how it will change we assume that it will stay the same. It could become a GM "JEEP" and then it could possibly stand alone or in Chevy Dealers maybe??

[Silver Streak]

Originally Posted by fastball

And the beauty of America and a free market is that you have the power to make your own future...... if you don't want that $12-15/hr job, get an education or take up a valueable trade (of which there are many, non-union, respectable trades that are very lucrative - moreso than car building).

No one puts a gun to anyone's head and tells them they have to take a job doing anything. On that same token, only unions put guns to companies heads and tells them what to pay people. If you're happy with the wage you make, great! If not, go after a career that makes more money and will be in demand. But unions have far usurped the reason for their existance a long time ago.

This is no longer the 1930's and the days of Jimmy Hoffa and the mafia vs big business slave drivers. Today there are laws (which I will certainly thank the unions for fighting for) that protect the worker in ways they were not protected before unions. These laws provide a safe and effective working environment and prevent companies from essentially slave driving workers. These laws DO NOT nor will they EVER dictate the free market value of anyone's employment. That is anti-capitolism. It is socialism. And such practices hold not only business but workers from advancing their production and income.

I was going to highlight what is wrong with this statement, but pretty much the whole damn thing is ate up.
I don't want someone who only makes $12 to $15 an hour to be building my camaro. If it bothers you that a fellow american can make a living doing there job, then I think you are the problem, not the union or union employees. I am going to sum up how I feel about your rhetoric with this: :middlefinger: with

[Leatherette]

I all but ordered a 2LT and am now glad that I have held off. I was worried about GM going into bankrupcy and what may happen. What happens to deposits (on camaros) if bankrupcy occurs? What are all the implications of a bankrupcy on the buyer? Does production slow down or stop? Do deposits and downpayments get absorbed into the bankrupcy? Is this when some of the dealers get closed and deposits with them become an issue? As much as I want to order my car, I think I'm going to wait for the dust to settle here. I'm not looking for a blog lawyer, but I was burned once before when I had money on a purchase that I didn't get before a company filed bankrupcy.

[ArcAngel]

Bro even if the filing goes through why not get your car??? GM will come out of this stronger and leaner, then what your gonna kick yourself in the ass when everyone is driving a Camaro and your not? Don't be so scared fear is a big part of the reason this economy is still stagnant!