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| quote: | Originally posted by XaNaX
The unions are and always have been their biggest problem. When you have in the neighborhood of $2,000 per vehicle in legacy costs that is a problem. The unions refused to accept reasonable wages for the work they do and reasonable benefits for their retirees and for years everything was ok for them as they operated like a parasite sucking the life out of the US automakers. But they got too greedy and now they have nearly killed their hosts. |
Not only that, but they had that "job bank" that had as many as 15,000 workers being paid when they weren't even working at its peak. This is now down to 3,000 but is about to be eliminated.
| quote: | | Add the union issues to a reputation of supplying an inferior products, failure to react to changing customer demands, too many models (do Chevy, Pontiac, and Saturn really all need to sell their own version of the same car?), and a frozen credit market and you get the big 3 begging for taxpayer cash to keep them afloat. The government needs to be very careful with these bailouts and make sure they are all done as good deals for the taxpayer in the end and not just free money for mismanaged companies. The last thing we need to be doing is bailing out every business that fails. |
The product overlap has been one of the domestics WORST decisions and business practices they have ever had. Aside from renting a building they were in for 30 years and then purchasing it for 680m and then selling it, or at least attempting to, when they are in a bad situation.
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| quote: | Originally posted by bas
Dual exhaust tips on dual exhaust = QUAD EXHAUST = 300 gain in horsepower. Duh |
| quote: | Originally posted by bas
Undies with a dickhole aren't good for guys. Your balls can get caught in them. That's why I prefer to go over the gate instead of through the fence. |
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