UAW chief says "No MOre Concessions!"

[JimH52]

UAW leader says no more concessions: Financial News - Yahoo! Finance

So if the big three go Bankrupt, who is going to pay the UAW retirees? Who is going to pay their healthcare? Who is going to pay the fat Union bosses?

 

[Annie]

UAW leader says no more concessions: Financial News - Yahoo! Finance

So if the big three go Bankrupt, who is going to pay the UAW retirees? Who is going to pay their healthcare? Who is going to pay the fat Union bosses?

The courts will decide and usually they find in favor of creditors. The contracts would be renegotiated, probably much less favorably than if UAW had done this years back. Then again, they never were under much pressure to do so. So now they all lose. Either soon or months down after burning through billions more.

 

[Kevin_Kennedy]

I don't see that it matters what the UAW wants at this point. Regardless of whether the big 3 get bailed out or not, they're eventually going to fail. Whether they go out completely or file for bankruptcy means that the UAW loses.

 

[RetiredGySgt]

UAW leader says no more concessions: Financial News - Yahoo! Finance

So if the big three go Bankrupt, who is going to pay the UAW retirees? Who is going to pay their healthcare? Who is going to pay the fat Union bosses?

The Boss's of the Union do not care about the workers. Never have never will. They will gladly bankrupt anyone cause they think there is a never ending supply of money on the other end. Why do you think Liberals and Unions like each other? Cause they suffer from the same delusions about money and it's availability.

 

[Skull Pilot]

Fire them all and hire people who want to work.

the unions brought down the auto makers. it's time to take them down

 

[PoliticalChic]

Data should inform policy, so here are some facts that you may or not be aware of:

The automaker will implement a two-tier wage and benefits scale for jobs that GM and the UAW have agreed are "non-core" production jobs. Those jobs are expected to include many positions in which workers do not have their hands on a vehicle in the assembly process. In addition, GM is expected to offer a targeted special attrition program to move workers in those non-core jobs off the active worker member rolls. Wages and benefits for second-tier workers will average $27 per hour, compared with the average $73 per hour of current workers, the sources said.

Analysts estimate that foreign automakers with U.S. manufacturing operations pay an average of $20 less to $30 less per hour than GM. The costs are said to put U.S. manufacturers at a $1,500 to $2,000 disadvantage to the foreign automakers.

GM, UAW set stage to potentially transform U.S. auto landscape | Freep.com | Detroit Free Press

 

[Diuretic]

Fire them all and hire people who want to work.

the unions brought down the auto makers. it's time to take them down

I thought it was poor sales that did that?

 

[Annie]

I thought it was poor sales that did that?

When a company is paying over $70 per hour per worker, while their competitors are paying between $27-35, your competitor will be able to turn out the same vehicle at a much better price.

Now when a company decides they will keep turning out said cars, while the competitor invests some of the labor savings into r & d, now they are turning out a better product for less money. More value=more sales.

 

[Mad Scientist]

The Boss's of the Union do not care about the workers. Never have never will. They will gladly bankrupt anyone cause they think there is a never ending supply of money on the other end. Why do you think Liberals and Unions like each other? Cause they suffer from the same delusions about money and it's availability.

Bingo!

UAW chief says "No More Concessions!" Well that means "No More Big 3" then.

 

[WillowTree]

I thought it was poor sales that did that?

yep,, poor sales, cause all the unions could produce was high priced junk.

 

[JimH52]

The Unions have priced themselves out of the car market...themselves along with the Big 3. When the US auto rolls off the assembly line, regardless what quality is it, the product is already at a disadvantage due to the exorbinate overhead.

If Congress bails the Big 3 out and allow the Unions to keep their perks, this country is doomed.

 

[Diuretic]

When a company is paying over $70 per hour per worker, while their competitors are paying between $27-35, your competitor will be able to turn out the same vehicle at a much better price.

Now when a company decides they will keep turning out said cars, while the competitor invests some of the labor savings into r & d, now they are turning out a better product for less money. More value=more sales.

So what's the competitive advantage? Is it just lower labour costs?

 

[Diuretic]

yep,, poor sales, cause all the unions could produce was high priced junk.

Oh, the unions planned everything? I thought management did that.

 

[Diuretic]

The Unions have priced themselves out of the car market...themselves along with the Big 3. When the US auto rolls off the assembly line, regardless what quality is it, the product is already at a disadvantage due to the exorbinate overhead.

If Congress bails the Big 3 out and allow the Unions to keep their perks, this country is doomed.

I don't get that. Are you saying that the companies are inept at the bargaining process?

 

[Annie]

I don't get that. Are you saying that the companies are inept at the bargaining process?

Can't speak for another, but criminally negligent makes a better descriptor.It started before there was real competition from Japan, now others. They figured they could ride along forever. Never did a damn thing about it.

 

[Old Rocks]

The Boss's of the Union do not care about the workers. Never have never will. They will gladly bankrupt anyone cause they think there is a never ending supply of money on the other end. Why do you think Liberals and Unions like each other? Cause they suffer from the same delusions about money and it's availability.

OK, with just as much sense, the conservatives are nothing but a bunch of thieves, bankrupting companies with their multi-million dollar golden parachutes as rewards for incompetance. They know there is a limited supply of money and want to make sure that the workers or stockholders get little of it.

 

[Old Rocks]

Very interesting, almost all the posts are stating that the problem with Detroit is the unions. So when did the fellow on the factory floor decide what cars were going to be built? And the quality level at which they were going to be built? You don't suppose that senior management might have had a little bit to do with it, do you?

Toyota produces the Prius, and we get fuel guzzling SUVs that fall apart at 50k. The decisions that has destroyed Detroit were made at the top. If you are going to abrogate the union contracts, then fire everyone of the fellows at the top, no golden parachutes or retirements above that of someone on the factory floor.

 

[Zoomie1980]

I don't get that. Are you saying that the companies are inept at the bargaining process?

No, it's just an obsolete culture. Management is as immersed in it as the Unions. One has to remember, the basis of the "Pension" was the same basis as was Social Security. Back in the 1920's and 30's when these basic employment plans were first adopted, there was no such thing as "retirement". Most US auto workers worked until they died. On a small percentage ever made it to "retirement". The average life expectancy when pensions were first created was 62, retirement age has always been 65. The entire mathematical model of the "pension" was based on that actuary point.

Today, to maintain that functional model the plans were designed for, the retirement age should be about 83 or so.....

Needless to say, the UAW is probably finished. Or at least their classic labor contracts are.

 

[Zoomie1980]

Very interesting, almost all the posts are stating that the problem with Detroit is the unions. So when did the fellow on the factory floor decide what cars were going to be built? And the quality level at which they were going to be built? You don't suppose that senior management might have had a little bit to do with it, do you?

Toyota produces the Prius, and we get fuel guzzling SUVs that fall apart at 50k. The decisions that has destroyed Detroit were made at the top. If you are going to abrogate the union contracts, then fire everyone of the fellows at the top, no golden parachutes or retirements above that of someone on the factory floor.

The Big three's failures are a combination of both. US Automakers have been at a disadvantage for 40 years now due to obscenely high labor costs. Money that should have been plowed into R&D, instead went to pay for overpriced labor. Add to that, US automakers have turned out one, and only one, great product in the past 40 years....the SUV. The engineering culture at GM has always been backwards looking, not forward, and they have been decidedly risk-averse. Even with the SUV all they did was put a car on a truck chassis....and created a high rise station-wagon. But it was no technical marvel....that has been left almost solely to Europeans and Japanese.

And firing the execs is EXACTLY what the Republicans in Congress want, along with killing the UAW. Both are sorely needed.

 

[editec]

We don't make phones, TVs, radios, shoes, clothes, small engines, lawnmowers and now we won't make autos, either.

And some of you think this is a good thing?

What, are we all going to sell each other Amway products made in China?

Damned fools.