Autopia.org - View Single Post - Should the government bail-out include domestic automakers?

MSOsr · 11-18-08, 11:24

Aren't the Nissan and Toyota plants in Tennessee or wherever non-union? Are autoworkers so scarce that they have to be paid more in retirement than a lot of gainfully employed people make?

How does GM sell more cars around the world than anybody and still go out of business?

If the government loans the money, someone not involved in being paid by the Big 3 (such as a bankruptcy trustee) needs to approve contracts signed by the Big 3. How many of its contracts could GM have gotten an outsider financial expert to sign off on as being "good deals for the company"?

When you sell more of your product than anyone else, but the others make money and you don't, you've done a pretty poor job of managing your operation.

Mike

11-18-08, 11:24	#139 (permalink)
MSOsr Registered User MSOsr is offline Join Date: Mar 2003 Location: Jacksonville, FL Posts: 293	Re: Should the government bail-out include domestic automakers? Aren't the Nissan and Toyota plants in Tennessee or wherever non-union? Are autoworkers so scarce that they have to be paid more in retirement than a lot of gainfully employed people make? How does GM sell more cars around the world than anybody and still go out of business? If the government loans the money, someone not involved in being paid by the Big 3 (such as a bankruptcy trustee) needs to approve contracts signed by the Big 3. How many of its contracts could GM have gotten an outsider financial expert to sign off on as being "good deals for the company"? When you sell more of your product than anyone else, but the others make money and you don't, you've done a pretty poor job of managing your operation. Mike