- Jun 27, 2002
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Originally posted by: EMPshockwave82
Originally posted by: rahvin
Originally posted by: EatSpam
What a bunch of crap. Who agreed to the UAW contract? Who decided to design all sorts of sh!tty SUVs and skip the hybrid market? Who is responsible for the company as a whole? Oh, yeah, those MBA asshats we call executives. And who's fault is it that GM's (and everyone else's) health care costs keep going up?
The guys running Toyota and Honda had enough sense to see a lot of this coming and are doing a lot better, not too mention that in Japan, the taxpayer/worker/consumer foots the bill for healthcare, not the company.
Sure, the UAW could make some concessions, but the bottom line is the GM's management sucks bigtime and the stockholders should sh!tcan every last one of them.
Yea the management sucks, but GM has been forced to agree to those contracts and lets face it, the bad business decisions don't really matter that much when you have 1 working employee for every 2 on a pension and healthcare. GM's healthcare and pension cost per vehicle sold is around $6k, there is no way they can be competative on the world market with costs like that. UAW would have bankrupted GM 20 years ago had they not agreed to those unreasonable oontracts. GM doesn't have the ability to fight the union on these contracts the way the law is written and the way the the UAW acts.
The best thing that will ever happen to GM is bankruptcy because management will get replaced, the UAW contracts and pensions will be voided and re-written by an impartial judge.
they have impartial judges????
all kidding aside i'm not sure even bankruptcy would help GM right now. I think that years of overpaying employees and lack of WANTING to keep up with the best technologies because of their "it's working and people are buying so we arent changing anything" mentality are going to cause very drastic changes to the US vehicle industry VERY SOON.
judges will help rewrite the contracts guaranteed. but both sides will be screwed somehow by the new writing. GM will just be less screwed than before if this happens.
Both sides will be screwed if GM goes down the tubes, because the supporting money won't be around.
Cars today look ancient when you compare modern car technology with what I want to bring to the market. (Oh, by the way, I spend about 100 hours a week between doing university research in heat transfer, doing literary research in structure analysis, and inventing dozens of automotive technologies.) I want to be the next Thomas Edison, only for transportation instead of electricity.
