Headlines

Anyone taking odds on the auto industry bail-out?

But speaking of Harley- how about the "strike" in 07...

On February 2, 2007, upon the expiration of their union contract, about 2,700 employees at Harley-Davidson Inc.'s largest manufacturing plant in York, PA went on strike after failing to agree on wages and health benefits. During the pendency of the strike, the company refused to pay for any portion of the striking employees' health care.

The day before the strike, after the union voted against the proposed contract and to authorize the strike, the company shut down all production at the plant. The York facility employs more than 3,200 workers, both union and non-union.

Harley-Davidson announced on February 16, 2007, that it had reached a labor agreement with union workers at its largest manufacturing plant, a breakthrough in the two-week-old strike. The strike disrupted Harley-Davidson’s national production and had ripple effects as far away as Wisconsin, where 440 employees were laid off, and many Harley suppliers also laid off workers because of the strike.
 
They will get the bail out money. I we all need to go to washington and ask them to bail our business out. I think if we did they would get the message. Do you think the presidents of the big 3 took pay cuts Ummm NO. I think Reggie Fountain should march down to washington and ask them for a bail out
 
I am probably going to start looking for a new truck in the near future. I usually stick to Ford or Chevy. I will look at Toyotas for thr simple reason of the bailout. I think it's rediculous they need bailing out as they have done it to themselves. The unions have ruined the "Big 3" & everything else they touch.
 
i know a lot of people that have money and are taking advantage of pricing.... i always own at least one american car.. my entire family buys american cars and will continue to do so......
 
The only thing running this country in to the ground is NAFTA FREE TRADE MEXICO CHINA KOREA JAPAN HAVE YOU SEE THE WAY THOSE PEOPLE LIVE YOU NEED TO STAND UP FOR WE HAVE LEFT IN THIS COUNTRY OR WE WILL ALL BE MOVING TO ONE OF THOSE PLACES FOR A JOB TO MAKE 4.00 BUCKS A HOUR AND LIVING IN BOX'S GET REAL AND YES THE CEO'S ARE JACKA&&S THEY NEED TO TAKE THE PAY CUT YOU CAN'T EVEN RISE A FAMILY ON 25 BUCKS A HOUR AND FOR YOUR INFORMATION I'M A NON UNION WORKER. BUT I DEAL WITH THEM EVERYDAY.
 
RLJ676 said:
As someone in the industry (I work for GM, not UAW), it is amazing how little people know.

I'd like to make a few points.

-This is not a product driven crisis, a UAW or cost structure crisis, etc. This is a FINANCIAL MARKET issue. There is no cash to borrow, for the OEM's or their customers. This has clearly killed revenue. Last year sales were over 17 MILLION, this year we are looking at under 11 MILLION. Imagine that kind of revenue loss on your company, now make it a huge mfg company that requires cash, and tons of it? Now take away ALL credit markets, and this is exactly what you get. The banks caused this entire problem, and are the ones getting bailed out?
Click to expand...

That's the key sales are down so the companies have to respond by reducing costs, two things make up the price of a car, material and labor. They reduce material costs by beating up suppliers or not buying. But when management signed the last labor agreement they made labor a fixed cost.
 
Velocity Kid said:
They will get the bail out money. I we all need to go to washington and ask them to bail our business out. I think if we did they would get the message. Do you think the presidents of the big 3 took pay cuts Ummm NO. I think Reggie Fountain should march down to washington and ask them for a bail out
Click to expand...


Here's a perfect example of people mouthing off with no clue. As I just posted, GM's exec's cancelled their bonuses, which are typically half of their compensation. Nardelli is working for nothing, and I believe Mulally cut his pay as well signifigantly.
 
inbetween said:
The Volt's not out yet, but the Prius has been around since '97

Yea, GM's got it together
Click to expand...

You realize their is a HUGE difference between the Volt, an all electric propeled vehicle (with gas generator to keep battery charged when necessary), and the Prius which is a simpler hybrid. Oh, and Ford, GM and Chrysler have hybrids that function just like the prius, they are just less ugly.

Further, if our gov't had paid R&D for a hybrid as Japan did for Toyota, it'd been out then too. Even though the Prius is still sold for a loss generally, so it really isn't anything but a PR car.

This goes to my point, everyone is sitting here saying know to a LOAN while they have absolutely no clue as to the facts. Learn something before making up your mind based on crap stated by ignorant pundits/congrassman and just repeating incorrect myths that have been around for years.

Check here, everything is true and verifyable. www.gmfactsandfiction.com
 
rockfish71 said:
The only thing running this country in to the ground is NAFTA FREE TRADE MEXICO CHINA KOREA JAPAN HAVE YOU SEE THE WAY THOSE PEOPLE LIVE YOU NEED TO STAND UP FOR WE HAVE LEFT IN THIS COUNTRY OR WE WILL ALL BE MOVING TO ONE OF THOSE PLACES FOR A JOB TO MAKE 4.00 BUCKS A HOUR AND LIVING IN BOX'S GET REAL AND YES THE CEO'S ARE JACKA&&S THEY NEED TO TAKE THE PAY CUT YOU CAN'T EVEN RISE A FAMILY ON 25 BUCKS A HOUR AND FOR YOUR INFORMATION I'M A NON UNION WORKER. BUT I DEAL WITH THEM EVERYDAY.
Click to expand...

Exactly. I don't understand how nobody can see that a "global economy" will result in our standard of living going to hell. Americans live much better than the global avg, but as we go more and more global ours will have to come way down in order for others to come up. Is that what we really want?????
 
RLJ676 said:
Here's a perfect example of people mouthing off with no clue. As I just posted, GM's exec's cancelled their bonuses, which are typically half of their compensation. Nardelli is working for nothing, and I believe Mulally cut his pay as well signifigantly.
Click to expand...


Little to late

Only did it because they were getting busted over it

They were to arogent to have done it before they walked in asking for money

You arent seriosly defending these idiots

They need to be GONE by virtue of how they have conducted them selfs in the last 6 months right up to last week

they need a permanant pay cut to ZERO and go home
 
RLJ676 said:
Exactly. I don't understand how nobody can see that a "global economy" will result in our standard of living going to hell. Americans live much better than the global avg, but as we go more and more global ours will have to come way down in order for others to come up. Is that what we really want?????
Click to expand...

Not what we want is what we need

we gotta stop looking for what we want and realize what we need
 
boatme said:
Little to late

Only did it because they were getting busted over it

They were to arogent to have done it before they walked in asking for money

You arent seriosly defending these idiots

They need to be GONE by virtue of how they have conducted them selfs in the last 6 months right up to last week

they need a permanant pay cut to ZERO and go home
Click to expand...

Wrong again. GM cut theirs in June.

Without a financial crisis though, the restructuring would have us profitable in 09/10 at the latest, with no worries of bankruptcy. However, the banks strolled in for ACTUAL bailouts no questions asked, while the bandwagon has decided to rake us over the coals for a loan?:ack2:

Like I said, I just don't think you understand everything that has happened with the industry recently, as you are sticking to outdated stereotypes and just plain wrong information.
 
RLJ676 said:
Wrong again. GM cut theirs in June.

Without a financial crisis though, the restructuring would have us profitable in 09/10 at the latest, with no worries of bankruptcy. However, the banks strolled in for ACTUAL bailouts no questions asked, while the bandwagon has decided to rake us over the coals for a loan?:ack2:

Like I said, I just don't think you understand everything that has happened with the industry recently, as you are sticking to outdated stereotypes and just plain wrong information.
Click to expand...

We will have to agree to disagree

You want a bail out

I dont want a bailout

My info is not outdated and is as relivant as your info

you may be to close to see the forest from the trees

Good luck, no matter what happens you are going to need it. Things will never be the same in the auto bussiness no matter what happens, and it should never be as it was again
 
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