The Truth About Cars » Wages http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 11 Feb 2016 18:00:49 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » Wages http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com QOTD: Skin In The Game http://www.thetruthaboutcars.com/2014/05/qotd-skin-in-the-game/ http://www.thetruthaboutcars.com/2014/05/qotd-skin-in-the-game/#comments Thu, 22 May 2014 14:07:07 +0000 http://www.thetruthaboutcars.com/?p=828754 With negotiations between the UAW and the Big Three set to open next year, FCA head Sergio Marchionne has already fired the first shots, calling for an end to the two-tier wage system and a new pay structure, tied to profit-sharing. Speaking to Reuters, Marchionne discussed his plan to eliminate the two-tier structure, replacing it […]

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With negotiations between the UAW and the Big Three set to open next year, FCA head Sergio Marchionne has already fired the first shots, calling for an end to the two-tier wage system and a new pay structure, tied to profit-sharing. Speaking to Reuters, Marchionne discussed his plan to eliminate the two-tier structure, replacing it […]

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UAW Backs Off Transplant Organizing Goal, Attacks Hyundai http://www.thetruthaboutcars.com/2011/11/uaw-backs-off-transplant-organizing-goal-attacks-hyundai/ http://www.thetruthaboutcars.com/2011/11/uaw-backs-off-transplant-organizing-goal-attacks-hyundai/#comments Wed, 30 Nov 2011 20:23:15 +0000 http://www.thetruthaboutcars.com/?p=420851 At the beginning of this year, the United Auto Workers pledged that it would launch a campaign to organize the foreign-owned, non-union “transplant” factories in the US, threatening to tar uncooperative automakers as “human right abusers.” The campaign initially lost steam, but the UAW stuck to its pledge, re-iterating on several occasions that it would […]

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At the beginning of this year, the United Auto Workers pledged that it would launch a campaign to organize the foreign-owned, non-union “transplant” factories in the US, threatening to tar uncooperative automakers as “human right abusers.” The campaign initially lost steam, but the UAW stuck to its pledge, re-iterating on several occasions that it would […]

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Is China’s Cheap Labor A Thing Of The Past? http://www.thetruthaboutcars.com/2011/09/is-chinas-cheap-labor-a-thing-of-the-past/ http://www.thetruthaboutcars.com/2011/09/is-chinas-cheap-labor-a-thing-of-the-past/#comments Thu, 29 Sep 2011 17:13:33 +0000 http://www.thetruthaboutcars.com/?p=412966 The prospect of a Chinese auto industry growing at insane speed thanks to a booming market and resiliently low wages has long kept auto industry execs up at night, most notably inspiring Sergio Marchionne’s acquisition of Chrysler. But basic economic principles dictate that you can have a high rate of growth or low wages… but […]

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The prospect of a Chinese auto industry growing at insane speed thanks to a booming market and resiliently low wages has long kept auto industry execs up at night, most notably inspiring Sergio Marchionne’s acquisition of Chrysler. But basic economic principles dictate that you can have a high rate of growth or low wages… but […]

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Who’s Unhappy About Higher Wages, Stronger Currency in China? The Japanese. For Starters http://www.thetruthaboutcars.com/2010/06/who%e2%80%99s-unhappy-about-higher-wages-stronger-currency-in-china-the-japanese-for-starters/ http://www.thetruthaboutcars.com/2010/06/who%e2%80%99s-unhappy-about-higher-wages-stronger-currency-in-china-the-japanese-for-starters/#comments Tue, 22 Jun 2010 10:19:52 +0000 http://www.thetruthaboutcars.com/?p=359276 It stands to reason that Japanese car makers would rejoice over rising wages in competing China and over an appreciating Chinese currency. Rising wages make production there more expensive, a rising Yuan makes exports more expensive. Both should give the Japanese more breathing room. That reasoning is falling by the wayside. The Nikkei [sub] reports […]

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It stands to reason that Japanese car makers would rejoice over rising wages in competing China and over an appreciating Chinese currency. Rising wages make production there more expensive, a rising Yuan makes exports more expensive. Both should give the Japanese more breathing room. That reasoning is falling by the wayside. The Nikkei [sub] reports […]

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UAW Fires Back On Wage Parity http://www.thetruthaboutcars.com/2010/05/uaw-fires-back-on-wage-parity/ http://www.thetruthaboutcars.com/2010/05/uaw-fires-back-on-wage-parity/#comments Wed, 12 May 2010 16:26:48 +0000 http://www.thetruthaboutcars.com/?p=356276 Yesterday, we greeted news that Detroit had reached wage parity with transplants by noting that it hardly makes the UAW look great in the eyes of its membership. Sure enough, UAW boss-in-waiting Bob King is firing back in today’s Detroit Free Press,  arguing that a return to a 16m unit market would yield “astronomical” profits […]

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Yesterday, we greeted news that Detroit had reached wage parity with transplants by noting that it hardly makes the UAW look great in the eyes of its membership. Sure enough, UAW boss-in-waiting Bob King is firing back in today’s Detroit Free Press,  arguing that a return to a 16m unit market would yield “astronomical” profits […]

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Center For Automotive Research: Detroit Beating The Wage Gap http://www.thetruthaboutcars.com/2010/05/center-for-automotive-research-detroit-beating-the-wage-gap/ http://www.thetruthaboutcars.com/2010/05/center-for-automotive-research-detroit-beating-the-wage-gap/#comments Tue, 11 May 2010 18:40:40 +0000 http://www.thetruthaboutcars.com/?p=356183 Speaking at the same Detroit conference on the auto bailout that Steve Rattner and Ron Bloom attended, the Center for Automotive Research’s Sean McAlinden proclaimed the end of Detroit’s era of unsustainable high wages. In 2007, said McAlinden, building a car in North America cost GM about $1,400 more per car than it did Toyota, […]

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Speaking at the same Detroit conference on the auto bailout that Steve Rattner and Ron Bloom attended, the Center for Automotive Research’s Sean McAlinden proclaimed the end of Detroit’s era of unsustainable high wages. In 2007, said McAlinden, building a car in North America cost GM about $1,400 more per car than it did Toyota, […]

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