Quoted:
Quoted:
Quoted: With the way things are up here, I hope someone has the balls to smack people around. No one is doing it to Granholm, GM failed...Ford will be next.
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GM pwn3d the union in the last round. They got just about everything they wanted. |
You think? To me, it looked like they got bullied into higher costs..and in the end us paying more for inferior products.
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GM offloaded a HUGE amount of their obligations, and I've read estimates that it runs to something like $2k per car in savings/profit. Which I read they may simply roll into the cars, furnishing them nicer so people will consider them again. Particularly the interiors, something GM has long been (rightfully) dissed for.
This link seems to think that GM will save about $2 BILLION per year...
Plus - going off memory here - they structured the contract so new hires have a lower starting wage as well.
GM definitely held all the cards here. Can you recall a time when the Union caved and allowed a wage DECREASE?
The crappy thing for the rank-and-file is, though, having this huge VEBA thing run by the Union is... not exactly a recipe for success, but they're free to run it and GM is free and clear of it...