 Z801 point 77Premium join:2009-08-31 Amerika 2 edits | reply to pnh102
Re: Unions »www.businessweek.com/magazine/co···ed_ssi_5
Detroit has or is currently gutting it's compensation system while Toyota's gets worse (financially speaking). Again, I'm not speaking of the past, I'm speaking of the future where there is going to be parity in labor costs between US automakers and foreign automakers assembling cars in the US and it has always been legacy costs, not hourly wages that hurt the big 3.
The days of a $1.5K difference in labor costs per car are numbered. Toyota can try and cut costs, but they are already pretty lean. |