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GM cuts 3900 jobs and closes 2 Ontario plants (pg. 3)
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| Killah Monkey |
| quote: | Originally posted by Jayx1
im sure the massive increase in business taxes that mcsquinty has implemented hasnt helped either. Not to mention the fact that the federal government withheld it's promised tax cuts to businesses promised last year in order to get into bed with the NDP to prop the government up over the summer. |
BAM! |
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| Moral Hazard |
| quote: | Originally posted by Jayx1
im sure the massive increase in business taxes that mcsquinty has implemented hasnt helped either. Not to mention the fact that the federal government withheld it's promised tax cuts to businesses promised last year in order to get into bed with the NDP to prop the government up over the summer. |
Those things haven't helped but they are insignificant given the gravety of GMs pension burdons, present labour cost, and static/declining market position. This is the CAW/UAW's doing. And GMs to a degree, if they would have had the back bone to resist the union years ago this wouldn't be happening now. When you let labour dictate the terms of production you will inevitably end up with a situation like this.... why? Because labour is interested in their immediate needs, they pay no mind to succession. |
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| Jayx1 |
| quote: | Originally posted by Moral Hazard
Those things haven't helped but they are insignificant given the gravety of GMs pension burdons, present labour cost, and static/declining market position. This is the CAW/UAW's doing. And GMs to a degree, if they would have had the back bone to resist the union years ago this wouldn't be happening now. When you let labour dictate the terms of production you will inevitably end up with a situation like this.... why? Because labour is interested in their immediate needs, they pay no mind to succession. |
You should read Linda Leatherdale's column about how government neglect has led to 45,000 lost jobs in ontario in the last year. |
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| CanadaBoyTRANCE |
| gm sucks anways..its all about ford for me..or vw... |
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| Orko |
| quote: | Originally posted by Jayx1
im sure the massive increase in business taxes that mcsquinty has implemented hasnt helped either. Not to mention the fact that the federal government withheld it's promised tax cuts to businesses promised last year in order to get into bed with the NDP to prop the government up over the summer. |
Wouldn't these conditions have the same negative effects for all the car companies?
This is not about tax cuts. If GM is relying on tax cuts to help them sustain a profitbale business, then they are in trouble anyways.
The responsible factors are:
- declining sales, the reason they had the employee pricing plan
- aging work force, which is now claiming more benefits and pensions
- overpriced labour, in comparison to labour available in Mexico |
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| DigiNut |
| quote: | Originally posted by Moral Hazard
the CAW strikes again! Sorry to say it folks but if not for the outragous wages autoworkers are paid these lay-offs would not be necessary. Let's all thank the unions for raping industry and making it unprofitable to maintain plants here. |
| quote: | Originally posted by Jayx1
im sure the massive increase in business taxes that mcsquinty has implemented hasnt helped either. Not to mention the fact that the federal government withheld it's promised tax cuts to businesses promised last year in order to get into bed with the NDP to prop the government up over the summer. |
Yes. |
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| DigiNut |
| quote: | Originally posted by Jayx1
You should read Linda Leatherdale's column about how government neglect has led to 45,000 lost jobs in ontario in the last year. |
I believe you mean this one:
http://money.canoe.ca/Columnists/Le...316477-sun.html
She also points out the ridiculous insurance premiums and gas prices, which for the naive reader are both largely because of the taxes on that industry. |
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| bass drive |
| quote: | Originally posted by rabbitjoker
Please list the G8 public-ownership auto manufacturers. |
I have no idea about this subject
VERTiG0
they manufacture ford focus in Germany also. (I don't live in canada anymore, if that's what's confusing you) |
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| Stingray |
Aye, its a shame whats happening :(
I'm the proud owner of 2 GM cars. ('78 Trans Am and '96 Buick Roadmaster)
The Trans Am is the most reliable car I've driven. Less problems then my friends who own brand new Hondas and VWs (not to mention my bro's Ford)
The Buick scored 5 out of 5 stars for reliability in every report I've read. (one reason I bought it) GM can do things right when they actually try. Look at the Corvette! It's obviously no Ferrari, but at that price you wouldnt expect the same fit and finish.
Domestics have improved alot over the past couple years, but they still have a long way to go if they are gonna make it in the long run. On the other hand all the imports should stop building cars in the US and Mexico. Move production back to Japan. They are known for reliability, so they should keep it that way. People will pay the extra money for the better built car. |
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| VERTiG0 |
Ah, gotcha bass drive. FYI, your European Focus is a completely different car than the one we get here.
Also HAHAHAH at Ferraris having a good fit and finish. Their quality is actually piss poor. I'd take a C6 Corvette Z06 over an F430 anyday, methinks. |
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| Cosmic Fur |
| I will die a happy man if I get to witness both GM and Ford go completely under. |
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