Detroit's black october-an industry in crisis and turmoil

[MikeMike]

http://www.detnews.com/2005/autosinsider/0511/13/A01-380513.htm

very informative, and its scary what type of impact this actually has.

 

[m2kewl]

bad management, bad marketing, and bad uaw...the perfect receipe for pawnage!!

 

[MikeMike]

Originally posted by: m2kewl
bad management, bad marketing, and bad uaw...the perfect receipe for pawnage!!

see if you actually read it, you would possibly want to talk about it, but nope you didnt.

 

[m2kewl]

what's there to talk about??? we've been posting the domestic auto industry's inevitable sad tale for years, do a search.

 

[Legendary]

That was a very interesting read - I mean, it won't directly affect most of us, but it will probably have a large impact on the general state of our country's economy.

 

[DaveSimmons]

Originally posted by: nourdmrolNMT1

Originally posted by: m2kewl
bad management, bad marketing, and bad uaw...the perfect receipe for pawnage!!

see if you actually read it, you would possibly want to talk about it, but nope you didnt.

Nope, I read it and would say much the same thing. UAW workers thinking that $26/hour for factory jobs was sustainable shows how out of touch with reality they were.

 

[RbSX]

good read, i'm gonna leave it at that so we don't start a flamefest.

 

[JACKHAMMER]

Originally posted by: RyanSengara
good read, i'm gonna leave it at that so we don't start a flamefest.

 

[Pocatello]

Originally posted by: m2kewl
bad management, bad marketing, and bad uaw...the perfect receipe for pawnage!!

I read the article, and that's my understanding too. Nothing new either. It's been a long time coming.

 

[Eli]

10$/hr is better than 0$/hr.

Simple as that. The UAW is being stupid.

 

[iamwiz82]

If GM does fail it will cause a massive financial crisis in many many many locations where workers either directly or indirectly support. This doesn't mean just those factory workers, but the people who clean their offices, the companies tthat supply vending machines, the local restaurant/fast food places that thrive because of these factories.

It is really scary.

 

[tec699]

Originally posted by: DaveSimmons

Originally posted by: nourdmrolNMT1

Originally posted by: m2kewl
bad management, bad marketing, and bad uaw...the perfect receipe for pawnage!!

see if you actually read it, you would possibly want to talk about it, but nope you didnt.

Nope, I read it and would say much the same thing. UAW workers thinking that $26/hour for factory jobs was sustainable shows how out of touch with reality they were.

Funny how nobody seems to mention the million dollar salaries that the executives seem to get at the expense of the factory workers.

How can you make a decent living in America right now when you're making a measley $10 an hour?

 

[DaWhim]

nothing out there can beat wsj.

 

[iamwiz82]

Originally posted by: tec699

Originally posted by: DaveSimmons

Originally posted by: nourdmrolNMT1

Originally posted by: m2kewl
bad management, bad marketing, and bad uaw...the perfect receipe for pawnage!!

see if you actually read it, you would possibly want to talk about it, but nope you didnt.

Nope, I read it and would say much the same thing. UAW workers thinking that $26/hour for factory jobs was sustainable shows how out of touch with reality they were.

Funny how nobody seems to mention the million dollar salaries that the executives seem to get at the expense of the factory workers.

How can you make a decent living in America right now when you're making a measley $10 an hour?

Delphi has 216,000 employees. Now let's assume that the average hourly salary is $26. That makes $5.6 million an hour. What kind of bonuses are we talkin about again when it comes to those execs? It's nothing compared.

How likely is a business going to survive when that happens and they aren't getting the productiity that they need from each employee?