Bloomberg.com:
Worldwide: "Carmaker Failure Would Be Catastrophe, Wagoner Says (Update3)"
TODAY'S "TOP TEN " CRISIS EVENTS
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1 commentaire:
The UAW needs a little tough love. It derailed the Cerberus deal at Delphi. Today GM suffers a loss of about $2,000 per vehicle sold. On the other hand Toyota whose employees are not part of the UAW earns a profit of about $1,200 per vehicle sold. If GM was able to operate with labor prices near Toyota’s it would have pocketed an additional $29,715,200,000.
GM bailout nonsense
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