GM China President says automaker could export vehicles from China to US
Of course. I wasn't saying that all jobs should go to the 3rd world countries...
I'm saying that I understand the position that GM, Ford and Chrysler are in. Americans have some of the cheapest cars in the world; yet, factory workers in the auto industry in the USA are among the highest in salaries.
A factory worker in auto industry in the eastern Europe works for $4/hour. And company doesn't have to worry about UAW; if sales are slow they can close factory for X number of months without still paying worker's salaries (unlike the USA where they have to pay them whether they're working or not due to UAW's contracts). And workers are not gonna build a bad product on purpose because they're unhappy over a shift change ...
Well, isn't that 4.00 an hour @ 40 hours a week less than 500 euros a month? and does that 4.00 an hour have any deductions? What about retirement? Does the person have to die on the floor of the factory or does he get tossed when he's too old and feeble to work?
Last edited by 11SHELBYGT500; Apr 24, 2013 at 04:31 PM.
This is why Large companies are forced to outsource or fold.
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Retirement is included.
Healthcare and education in the eastern Europe is very cheap compared to the USA.
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