GM weighs cuts in jobs, brands

Toby Galownia wrote:

<quoted text>arnold is your leadership, and he will be the president of Ca. or west coast the way i see it.

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rootvg wrote:

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While I don't like everything Arnold stands for, he's been a pretty good governor. He's well liked in both parties and that's a major accomplishment in a state that's as diverse as this one is.
He could run for President if it weren't for that pesky little item in the Constitition. I think he'd win.

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Observer wrote:

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What is sad is that these companies have fooled you into believing this lie. The money still goes oversees and these companies don't pay what the American companies were paying employees. They also don't have the retirees to support like the big 3 car companies. They build cars here because it is cheaper than importing them and they can fool people by stating Americans build them. They still use inferior imported steel. Again American companies can't compete because of our EPA laws that these companies don't have to deal with. Buying foreign cars has led to a downfall in the American economy whether you can face the fact or not.

George N wrote:

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To those of us in the automotive business, it sometimes gets frustrating to see how prevalent the myths are about the transplant auto makers. Before retiring I had worked for suppliers to several to these auto plants. I’m still active in the industry on a part-time basis. For direct labor, pay is on a par with the Detroit companies, although there is no retirement (regardless of age) after 30 years. Most UAW retirees left their companies with full benefits at ages ranging from 50 to 55 years old. This has proved to be unsustainable. There are no featherbedding job classifications in the transplants.
As far as “using inferior imported steel”, as a veteran of the stamping plants that have supplied these companies, I can assure you the each of the transplants has stringent requirements for the steel that stamping suppliers use. Most of the steel comes from domestic mills, whether the transplant does its own stamping, or purchases stamped parts from outside.
Exempt from EPA laws? That is downright false.
One of the most common myths trotted out is that the “money goes overseas” I’m sure our local BMW plant would provide a good example. BMW ‘s South Carolina plant paid almost 3 billion dollars in wages out of 7 billion in sales. Add in the billions spent with local suppliers, and the wages earned at those companies, and you can see the impact is mostly here in the US.

Sancho Panza wrote:

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Thank you for correcting some of these claims. I swear, sometimes I wonder if some people make these false claims with any knowledge of the actual situation, because to be that far off I would have to imagine they actually know what is up to some degree. I mean if they used inferior steel it wouldn't even be allowed to be used in domestic cars, and in addition, inferior steel would be noticed during crash tests and any other reviews done before the car hits the streets.

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George N wrote:

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To those of us in the automotive business, it sometimes gets frustrating to see how prevalent the myths are about the transplant auto makers. Before retiring I had worked for suppliers to several to these auto plants. I’m still active in the industry on a part-time basis.

Sancho Panza wrote:

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Thank you for correcting some of these claims. I swear, sometimes I wonder if some people make these false claims with any knowledge of the actual situation, because to be that far off I would have to imagine they actually know what is up to some degree. I mean if they used inferior steel it wouldn't even be allowed to be used in domestic cars, and in addition, inferior steel would be noticed during crash tests and any other reviews done before the car hits the streets.

George N wrote:

WSJ article today says GM likely to file for bankruptcy.

Toby Galownia wrote:

<quoted text>900,000 pesos.right?

rootvg wrote:

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Where did you see that?

rootvg wrote:

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The town where I live in northern California is more whitebread than Wadsworth will ever be.

RU Kiddingme wrote:

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No Italians or Jews, I take it?
Feh. I'm going back to Jersey.