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Originally Posted by wytstang
Exactly; it's amazing how the Non "Big 3" are doing just fine in the US while the "Big 3" are crippled. Pay cuts need to happen NOW not next week not next month, not next year, like YESTERDAY. If that means they work for $20 an hour do it, and when they are back on there feet increase the pay. I'd take $20 over $0 that's for damn sure.
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I don't think I would say that the foreign manufacturer's are doing "just fine"
Detroit Is Tanking, But Toyota's in Trouble, Too | Autopia from Wired.com
These economic issues are by no means confined to the US and without the current economic crisis it is likely that the big 3 could continue to limp along as they have for years. The one possibly good thing about this mess is that it might result in a leaner more efficient US Auto industry if they can get rid of the dead weight. I personally think they should just go ahead and declare bankruptcy and focus on restructuring....