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my problem with your whole silly little rant was how you plan to punish the dealers for the parent companys issues. dealers dont pay factory workers too much, dealers dont produce a shite product, and they certanly dont make 160k a year on average even with benefits. that and sugesting that anyone could survive in a decent sized city in western canada making less than 40k a year is kinda silly. |
If they're going to cut the wage of the average worker, then management and other white-collars need their wages cut too. |
the 27million number that everyone tosses around that the CEO of GM got last year, was mostly stock options, since their stock is very close to Zero at this point, it would be interesting to see how much he actually got in real $$ terms |
It looks to me, from reading the info here, that the workers don't necessarily make more money, it's just the benefits packages that add huge cost to the payroll. So from what I can see, the average assembly line worker isn't taking home more than $150k per year. Cutting their wages in half won't solve the problem either. Cutting back on benefits, however, seems to me like it would have a greater effect on the bottom line for GM. Or am I crazy? |
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Well GM signed a big contract with the workers union last year or so to do that exact thing. Cut back on benefits / health etc, buyout a bunch of workers and hire new ones at half price. The problem is that it doesn't go into effect until 2010. Sort of a year too late. |
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I know PLENTY of ppl who survive on less than 40K/yr in western Canada...in bigger and better cities than Kelowna. To think that you can't scrape by on 40k/yr if you really had to is silly. I don't care that it's not the dealers providing shit cars...they're selling them and profiting from it...not to mention the stupid expensive parts/retarded labour...If GM cut costs ALL AROUND including the rip-off fests that stealerships are, they'd be a lot better off... |
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Is GM done, or will the still be producing new models? |
i heard that theirs 1000 new cts-v's sitting in a warehouse without seats as recaro wont give them to GM unless they pay upfront |
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thats here nor there however it is starting to look like the mesiah isnt going to let GM go under, and every other industry is starting to ask where their handout is, the state getting this involved in commerce scares me a little bit. the beginning of the end of free enterpise? |
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http://www.autoblog.com/2008/08/29/g...ollar-workers/ http://www.autoblog.com/2008/07/23/c...ollar-workers/ |
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The fact that people will "always need skilled middle management" is bullshit. If that was true, RIM's stocks wouldn't be going down when the economy starts tanking. hmmm...you really have to stop feeling sorry for me and start thinking about your future... http://www.cbc.ca/money/story/2008/1...nce-board.html "That economic storm could translate into another 15,000 job cuts in the assembly sector in 2009, Browarski said. And other spinoffs industries will chop their workforces as less manufacturing translates into lower demand for parts and car services." Haha...after posting this, I went to CBC to check the news and stumbled across this about the world's largest steel maker: http://www.cbc.ca/money/story/2008/1...l-layoffs.html "The world's biggest steelmaker, whose holdings include Dofasco of Hamilton, said Thursday the focus of the downsizing "is primarily on non-production employees," particularly in selling, general and administrative functions." That's gonna be a lot middle management people scrambling for the 2 jobs left over at the local Burger King. |
looks like my crazy, out-of-touch-with-reality scheme of cutting GM top brass salaries by 70% wasn't so nuts afterall... http://www.cbc.ca/money/story/2008/1...igsalargy.html |
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I won't deny that we may still see a slow down and we aren't oblivious to the recession but to "start thinking about your future" is little too chicken little for me, the sky isn't falling, cars are still being driven and are still being sold, and they all still need to be serviced or repaired. Mind I don't think I would want to be at any of the Big 3 dealerships right now but I think we are ok at Honda, Toyota, etc. |
You're right about that, James...*IF* this crash is short-term. If it's not...stealerships are hooped, parts dept and all. Allow me to recycle a quote from my previous post: "That economic storm could translate into another 15,000 job cuts in the assembly sector in 2009, Browarski said. And other spinoffs industries will chop their workforces as less manufacturing translates into lower demand for parts and car services." You see, people will pay the dealership to fix old cars instead of replacing them if things only get a LITTLE ugly. If they get REALLY ugly, they'll be scavenging used parts, getting their buddies to fix it for beer, etc. There will be a lot more people making less money (right now, I have no problem taking my car in for an oil change if I'm lazy...when I was a broke college student, the $10 I saved by doing it myself was enough to make me freeze my ass off outside while doing it in the middle of winter) who will pinch pennies. There will also be a lot more people out of work and more than willing to do odd jobs for a few bucks cash. You can't tell me that shop rates at $100 an hour and overpriced parts (especially when compared to getting a used one/cheap reproduction one from Lordco/NAPA) is the recipe for success in a prolonged economic downturn. |
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Example: 1997 GMC Sonoma Pickup OEM Catalytic Converter: $700 Napa Catalytic Converter: $250 OEM Converter lasts: 8-10 years Napa Converter lasts: 2-3 years Napa converter also has a bracket in an incorrect position, making installation difficult. I'll gladfully pay for the OEM part. |
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decent dpsp for retirement already solid paying job for 3.5 years running (that i actually enjoy) savings in the bank no debt outside my mortgage marketable skill with management/retail/sales experience i think ive got it about nailed down for being 22 thanks any more BS you can PM me this isnt about me being better than you however, this is about GM/ford/dodge failing at running a buisness. whoever ponies up the cash to save them, needs to fire the top 20 guys in the food chain, and get some azns in there to take care of it. |
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Also...when you've just lost your job and your car needs a starter or an alternator or a fuel pump so you can drop resumes off you won't be thinking 5 years down the line. You'll be thinking this: From the difference between what GM/Honda/Ford/whatever sells that part for and what Lordco sells it for you'll be able to feed your kids for a month. |
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you're not better than me, and the sooner you quit with the childish cheap shots the less of a chance of this thread ending up in FC. move on. |
If GM goes under, sounds like Detroit is going to become even MORE crime infested...if that's possible |
depends...in a way, crime is drawn to prosperity. (Look at Alberta...for years Calgary and Edmonton have been duking it out to see who would be Canada's murder capital). A LOT of places blame economic prosperity for crimes going through the roof. |
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