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Posted by: Goppy 7 months, 1 week ago

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Goppy7 months, 1 week ago

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The big picture is that ... for decades ... American Car Companies have not been competing on a fair playing field.

Toyota, Honda, and BMW's are manufactured by nations who have a National Health Care solution.

Heath Care costs add $1,500 for EACH car GM produces - Ford and Chrysler are similar.

For Toyota ... the cost is approximately $250.

And yes ... these numbers reflect cars made in America by foreign companies.

You see, GM (and Ford and Chrysler) pay not only for CURRENT employees ... but all those RETIRED employees.

American Car Companies will NEVER become competitive until they can eliminate this burden - like every other car company.

So you can feel pretty smug about buying American ... I know, because I do as well ... but it's all to no avail until you look at a BIGGER picture ... and understand the REAL problem.
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  LegsrAssets7 months, 1 week ago
  
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  Do you expect GM to file for bankruptcy also?
  
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    BB647 months, 1 week ago
    
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    I do expect.them to follow shortly. I simply answered yes and the claimed it was spam.
    
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  BB647 months, 1 week ago
  
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  Your argument is a total fail. Those plants mentioned are based in the United States, not their home countries, so they do offer full health, dental and pension benefits. The one major difference is the retirement benefits. GM for example must add $2000 per car for each of their retired workers. GM has a workers pool where the employee will collect most of his or her salary while laid off for up to 2 years.
  
  On the health costs you're showing, I'd love to know where you're finding monthly group health for around $250/person, I don't believe that is correct. That might be a weekly costs but even then it's low.
  
  Stop telling automakers what kinds of cars to build and let them use their own marketing research. You want GM, Ford and Chrysler to survive, dump the UAW and the retiree benefits. Why is it the President of the United States is giving 55% of Chrysler to the UAW, did they buy the company or simply the President? For their actions over the years, they're as guilty as the management for screwing up a company. You want a piece of the pie, buy it. Same for Fiat. Don't give away assets that aren't yours. They're in bankruptcy. Follow the current laws. If there are enough assets the firm will reorganize. If not, let the assets be sold off and that's it. But don't reward a union that was one of the major causes of the failure.
  
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