One of the most overlooked arguments during last year’s bailout debates was the fact that America’s automotive industry was not under threat. Sure, a few companies based in Detroit were panhandling at death’s door, but so-called “import brands” have been closing the gap in terms of Americans employed for years. And America’s transplant auto industry is continuing to grow. Even as the Detroit firms have slimmed down their North American manufacturing footprints, foreign firms are moving ahead with American and NAFTA-area plants despite the economic downturn. Not only do these moves signify possible new jobs, they also represent a long-term bet on the fundamental strength of the US economy.
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- Kosmo Umm.....probably about halfway between the two sides' positions?Neither side can cast the first stone. The Big 3 have record profits, and the UAW's leader has a mixed agenda of 1) good deal for his members and 2) a megalomaniac's drive to a legacy.
- Analoggrotto I bet a Goddess Mary Barra boudoir set would be enough to charm all of the UAW back to work.
- Daniel J The Two Tier system was done on purpose. The UAW and the auto companies couldn't just shaft employees who, in essence, signed up before the financial meltdown. To stem their compensation, anyone who joined after got paid lower.This was done on purpose. The auto companies benefit because they cut costs and they also hope that eventually the new employees might dislike the deal the UAW make and possibly defect from the union when these same employees could join a non-union shop for more money.The UAW was hoping for the opposite, that these new employees would be mad at the auto companies and side with the union when it was time to re-negotiate.At this point, are the current Tier 1 employees going to take a cut? Can the auto companies afford to give the Tier 2 employees the same amount of money as the Tier 1?
- Redapple2 UAW - Already overpaid. Relevant question. What are the transplants paid? Honda, Toyota, Nissan, VW. What about Tesla? What about Tier 1 and 2 auto suppliers. UAW should have been smashed when GM and FCA went bankrupt.
- Redapple2 TV screens to run everything instead of knobs. Turbo 4 that poorly does the job of a V 6. I think i will turn away from new product and preserve what I have for 15 years. I m reaching that point.