Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
Avery could have connected the dots better. He is focusing on the total cost of the program in relation to the incremental gain. $1 billion divided by 22,000 incremental vehicle sales= $45,460 per vehicle.
Let's Hope the Auto Bailout Has Failed for Good [View article]
As a non-automotive businessman in Detroit, it is hardly "outrageous" as you characterize the current trend in union auto wages. Most of the content of your column is rubbish.
The UAW is willing to compromise and wage parity would likely be reached in 2011 when the present contract expires.
GM, Ford, and Chrysler are good community stewards. They have done measurably more to help the USA. Take a look at the money and products they individually contributed following 9-11 and then contrast that with the stinginess of the Asian transplants.
Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
Let's Hope the Auto Bailout Has Failed for Good [View article]
The UAW is willing to compromise and wage parity would likely be reached in 2011 when the present contract expires.
GM, Ford, and Chrysler are good community stewards. They have done measurably more to help the USA. Take a look at the money and products they individually contributed following 9-11 and then contrast that with the stinginess of the Asian transplants.
The Autos and Mentality That Ruined Detroit [View article]
The Asian transplants don't give back. They take American dollars and send them to their overseas owners.