Not much time passed after Ford chopped compensation for 300 top executives before General Motors decided to free up financial breathing room via payroll costs.
The automaker has enacted a sweeping plan to weather the coronavirus storm by cutting the pay of its salaried workforce by 20 percent, with 6,500 U.S. workers incapable of working from home placed on leave. Employees aren’t expected to swallow the loss out of the goodness of their own hearts, however — GM promises they’ll see the missing money one day.
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- Lou_BC Zero interest in Manhattan. Trumpty Dumpty Org. did get convicted on all charges there.
- Sid SB I was talking to local dealer about a Type R and they $10k mark up because they are not selling cars due to supply issues. I decided not to argue but I was thinking that service shops were the real cash magnets for the dealers not car sales.
- Oberkanone Imagining unlimited funds I see "no comment" as my response.
- Oberkanone Working manual sunroof is the only redeeming feature. This is the vibe I'd appreciate on a modern vehicle.
- Jeff S I don't know either but maybe its time the the franchise laws are eliminated. I would rather have the option to buy directly.