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Tuesday, October 27, 2009

Unions and the Demise of the US Automobile Industry

September 21, 2012: GM wants "out." Government (and unions) say no.
September 17, 2011: Government Motors handing out $5,000 signing bonuses. These guys should be happy they have jobs, but they snookered taxpayers into handing them $5,000 to do what they are already doing. By law, they cannot strike. 

February 13, 2010: As if Toyota didn't have enough problems, now the UAW is picketing NUMMI - just adding to the bad publicity Toyota is receiving. The UAW has no shame.

October 27, 2009: Don't tell me that the late 20th century union and management's acquiescence to the unions didn't result in the demise of the American automobile industry.
In this week's news: Kia's profits swell and Hyundai reports record profits. Meanwhile Ford evaded bankruptcy only because its debt was with its shareholders and not the banks; GM is owned by the US government; and, Chrysler dealers are in a world of hurt.

Wipeout, The Ventures.



Detroit City, Bobby Bare

1 comment:

  1. Update: Hyundai reported a phenomenal 46% increase in sales compared to flat-line or losses among "American" car companies. December 1, 2009. Again, cars are selling, just not American. And the only major difference I can see is union-owned American.

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