agreed but why make retired employess suffer,
pensions cant be cancelled, it would be like taking away welfare checks cause the goverment has no $$
the honda plant in Alliston has no union , i think top pay there is 25/hr for labour
there are one of the most profitable plants right now
farmer
true, definitely agree. thanks for sharing some numbers on that breakdown. i’d suspect costs only started going up after more outsourcing was introduced. pretty sure build costs were a lot lower back in the day in detroit where everything used to be in house.
outsourcing was to make it cheaper lol, people in other countries make stuff for less. or just people who aren’t part of the car company it self, besides they don’t have to pay their outrageously high union workers vs the forgin to make it it saves them tons. people just didn’t trust imports before. they made money coasting on image they built up from previously building good cars and being the only game in town.
^^doh…yeah you’re right, my bad on the outsourcing. would it just be material costs then i guess? i’ve heard in the last 6 months raw steel prices have increased a fair amount…i guess technology in general’s also a factor.
Farmer hit the nail on the head IMO, clearly there are alot of smaller problems but life as a honda worker is not so bad, you see all those license plate covers and stickers from the CAW saying “out of a job yet? Keep buying foreign”… take a step back and lets look at who is keeping their jobs… In Canada and Ontario.
^I already posted that lol, it’s my work desktop hehe
It’s the same old story, and it’s going to keep happening again and again if we continue to bail them out. How can you expect a company to be competitive in the free market when they don’t need to depend on product revenue to keep afloat, but rather government bailout funding. Whether it be shitty quality, a product that doesn’t fit the market, or something wrong with the labor structure/funding, the story tells time and time again that something is wrong with their formula. These problems correct themselves in the free market if left alone. Being in the brink of a recession, or full on recession and the fact that we’re right in the middle of some major political instability, whereby, job security and employment rates are hot topics… the immediate job loss created by the big 3’s threat to go under and or relocate is an artificially inflated dilemma. The big 3’s aren’t stupid, they know damn well that now is the best time to ask for money. The government basically has no choice if they want to appear to be doing the economically sound thing.
I say fuckem, they make shity products, their products don’t exactly meet the needs of todays driver, their workers are over paid, their employees misuse company funds… What would you expect to happen, really?
Gm got it start from world war. Extremely high demand for a product, heaps of government money just thrown at them to produce a product and what you get is a company that has learned how to operate under bogus economic conditions. They can’t and clearly haven’t been able to compete. They are asking the feds to reproduce the same money throw that got them started in the first place… thats not how competitive auto makers of today survive, or any firm in the free market, for that matter.
I love those douche bags that drive around with domestic trucks and stickers that say " out of a job, keep driving foreign" LMAO… That’s like a Commodore 64 employee of the 80’s saying “Out of a job yet, Keep buying better computers”, thus the creation of companies like IBM, Gateway, Apple… and guess what, no more Commodore 64… Its survival of the fittest, figure it out. I guarantee you that the big 3’s have figured out that their best survival strategy, it’s surely not making revenue from well thought out products.
at the very least,consider the opportunity cost, and invest in sustainable business infastructure.
