So let me get this straight you actually believe that union overhead and Gazillion-dollar Health Pension Plan to maintain is they only problem
these auto makers have?
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Originally Posted by StanF18
Disagree. Everyone's sales are down, bigtime. Toyota. BMW. Honda. EVERYONE. This recession doesn't discriminate. The reason Toyota and Honda aren't on the verge of bankruptcy is exactly BECAUSE their costs are lower. Their "man-hour" on the assembly line is what, like 2-fold cheaper than GM/Ford? The unions have asphyxiated the Big Three. Toyota/Honda/BMW etc. are able to survive the sales drop because there is no union overhead and no Gazillion-dollar Health Pension Plan to maintain. As far as the products: they were in some cases inferior to the Japanese, but not by such a huge margin.
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