Byallmeans

Detroit's Big Three and the Democrats' Economic Illiteracy

lazaris
actually no. The transplants drop kick their workers for dubious offenses just before they are elgiable to retire and thereby negate their entitlements. Now there havent been many retirees from transplants but there have been enough side stories to indicate that what I have said is true. Just like Honda made the OSHA dirty dozen list for working their US workers to death (literally) Just go google it (OSHA dirty dozen)

Detroit's Big Three and the Democrats' Economic Illiteracy

Lets take Gm for example.
GM makes cars in china and Europe just to name 2 of 35 countries. GM is profitable in those countries. So at this point we can't blame the management. Apparently they can run a profitable auto venture.

The Foreign transplants can make cars here and make a profit using US workers so its not the U.S. workers per se.

So whats left. The UAW and legacy.

Automakers: Bailout Arguments, Pro and Con

Also if you say GM does not build cars people like just look right here.
All of GM's brands are above averagew while many touted foreign brands are well below. This is a new survey as of this month.

www.jdpower.com/corpor...

Automakers: Bailout Arguments, Pro and Con

This is the real deal folks so you better batten down the hatches. If the 3 domestics stop buying alumunium from alcoa, steel from the major steel producers, glass and rubber from companies like goodyear the prices on commodities will skyrocket. They have to. The major 97 suppliers provide parts not just to the auto industry (but the auto industry is the major buyer) but to Boeing, All the Import transplants, The commercial food industry, etc etc. They will all topple into C11 also and the industry will not restart in any earnest fashion for several years if ever.
Be carefull what you wish for. So lets get it on.

Say No to the Auto Industry Beggars

By the way Mr West your a canadian as is apparent from your website. Now if you referring in your article to a canadian auto industry support loan thats your business but you should stipulate so. If your referring to the USA then STFU. You have no business interjecting yourself into a U.S. Matter. This is the problem with the web and comments on the web. You never know what the source is. I have a serious issue with foreign entities interjecting themselves into U.S matters outside of foreign affairs and its a rampant issue. American people, you need to always question the source of opinoins on the web concerning matters in your own country. Other countries have a vested intrest in damaging the U.S economy to advance their own means and country. China for one has a massive policy of trying to skew US pilicies and politics to advance their own intrests only to do so annoymously under the guise that your reading the opinion of a U.S. Citizen.

And by the way Mr West gold will take a serious hit in the evet of a US domestic automobile collapse from the gold used for module and harness connectors to the reduction in microprocessor volume and the gold used to plate the pins on them. Not to mention the massive decline that would occur in jewelry sales due to an exxessive fall in personal comsumer spending.

Detroit's Big Three and the Democrats' Economic Illiteracy

Here you go. Honda is number 5 on the list of having the most abominal health and safety record.


users.rcn.com/jbarab/F...

Automakers: Bailout Arguments, Pro and Con

JP
won't happen until the government gets its head out of its behind and fixes fuel prices at a minimum 3.50 to 4.00 That is the threshold where the public really gets behind buying a green or a smaller car. Without this its pointless as people wont buy. Lets get real here. The Toyota prius sold like crazy in the run up to 4.00 fuel. then it stalled or flatlined in sales voulume in july/august. And the total impact of the Prius nationwide was only 2% of the market. They had volume issues at first but they adjusted for it by early summer. The bottom line is that americans talk a good line about wanting hybrids but the reality is less than 2% of the cars sold in the USA last year were Prius hybrids. And thats at 4 dollars.

So wheres the disconnect? Are the green huggers screaming louder than everyone else on the web making it look like everyone just has to have one now. Or is everyone just chanting a good line but wouldn't be caught dead in one even at 4.00 fuel. Maybe it takes 5 or 6 or 7 or 9 like most of the EU for people stop talking a good line and get real about it. When the public's ready to get real the automakers will get real.

Automakers: Bailout Arguments, Pro and Con

Robert you'll be so busy picking up the dead carcases you won't have time to utter the words Moral Hazard.

Automakers: Bailout Arguments, Pro and Con

That means finished goods, not raw commodities in my previous post

Bust-Up, Not Bailout

Elroy
some of this stuff these finance types write about manufacturing boggles the mind. You can't make this stuff up. LOL

Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?

the other thing about this that just greases my chain that never was revealed in the infamous movie was that Arizona Public Service committed to build a charging infrastructure along with California when this whole debacle started. In return APS recieved a fleet of electric S10's. After APS saw that the take rate on the project didn't exist they backpeddled as did California bigtime on the charging infrastructure. The California Legislators at Carb killed it themselves to negate the cost of the charging infrastructure. They bailed leaving GM to take the hit by scapgoating them along with Toyota and Ford. Thats the truth!! I was there!


On Nov 11 09:48 PM hard working american wrote:

> One more thing i forgot to add
>
> sometime in the late 80's or early 90's GM had working electric car
> that averaged around 170 mile per charge. Now they have the VOLT
> that gets 40 miles to a charge
> they couldn't make any money on service. so they trashed the the
> prototypes (sent them to the crusher)
> If they would have continued that project they would probably have
> the #1 selling car in the world right now.
>
> BUT GREED GOT IN THE WAY
>
> DOWN WITH UNIONS

Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?

Remove the subsidized healthcare from the UAW related labor fee and their on par with the japanese. The 72 dollar figure is misleading as it encompases salary, vacation allotment, health care and life insurances.

The simple fact is if the domestics are not supported some 780,000 retirees will fall into the PBGF which the american public will absorb wether they like it or not.

Lets do some math. The average retiree in that group makes about 2500 a month. If it defaults to the PBGF its about half. so 1250 * 780,000 = 97,500,000 per month the government will have to subsidize and thats a low ball figure.

If the government wants to fix the issue they'll level the playing field as the domestics have been asking for years.

That means addressing yen manipulation and reigning in the cost of medical in this country.

Its impossible for a company to be competitive when its the largest supplier of medical benefits in the entire USA to the tune of 5 billion a year. By the way if you fold that up the medical industry better bend over and you to because the medical industry and the pharma's will pass the cost right on to you. Plan on it like taxes.

Fed's 'White Horse' GMAC Bailout Enables Consumer Credit Habit

620 puts 40 million more eligable(sic) buyers into the game instantly

Fed's 'White Horse' GMAC Bailout Enables Consumer Credit Habit

This move will get the rest of the banks off their azz. They won't want to be left out of the game. You watch the banks follow into the 620 FICO score game shortly.

As Gas Prices Fall, Fuel Economy Loses Importance to Auto Shoppers

I meant Unmitigated Disaster, CAFE is.