GM Board Reviews New Turnaround Plan For Bailout
I agree with most of what you have said except I would like to point out that Toyota workers make as much as uaw workers for one reason. Toyota knows if it doesn't pay its workers what union workers make they rank and file would vote to go union. Toyota workers have Ford, GM, and Chrsyler union workers to thank for thier rate of pay. Believe me if the big 3 were not union and only paying thier workers $18 an hour the Toyota workers would only be making $18.50 an hour. Toyota doesn't pay thier workers the same rate out of the kindness of thier hearts. And I beleieve more in Fair trade than Free trade.
Also the US auto industry has had years to compete. They have fought every effort to build fuel efficent cars, smaller cars and so forth. They are a company, they sell what thier customers want and that is big SUVs and trucks. Until they truely change thier mind set it will be hopeless.
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