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mardi, novembre 18, 2008

GENERAL MOTORS BANKRUPTCY WOUD BE CATASTROPHIC!...GULP!

Bloomberg.com:
Worldwide
: "Carmaker Failure Would Be Catastrophe, Wagoner Says (Update3)"

1 commentaire:

Jason a dit…

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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