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Z80
1 point 77
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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.

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