Journalist to GOP: You're 100 Percent Wrong About U.S. Automakers

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Nov 26, 2008 | 09:50 AM

#101

Vermillion06

Cobra Member

Joined: May 16, 2006

Posts: 1,322

Likes: 0

From: NV

Quote:

Originally Posted by max2000jp

Per the UAW's website, the Big 3 employee 180K UAW members. GM is the largest UAW employer at 73K. You aren't looking at the Big picture.
Like I said earlier, the real saving of the 2007 contract don't really go into affect until 2010+ (hint: VEBA).

The UAW will need to revisit the VEBA agreement, kill the job bank, and cut wages & benefits further for current employees.

26% workforce reduction at GM is not "big picture"? I also said before:

Quote:

Originally Posted by Vermillion06

Retiree benefits and pensions is the area where they would need to make concessions.

Looks like the job bank might be going away:
UAW may give up job bank to revive auto loans

Nov 26, 2008 | 02:30 PM

#102

max2000jp

Shelby GT500 Member

Joined: September 2, 2004

Posts: 2,594

Likes: 0

From: Chicago

Quote:

Originally Posted by Vermillion06

26% workforce reduction at GM is not "big picture"? I also said before:

Looks like the job bank might be going away:
UAW may give up job bank to revive auto loans

Yes it isn't the big picture? Read the 2007 contract and read up on what happens 2010+. If the Big 3 can survive long enough, they are going to be fairly competitive to the Japanese in 2011 or so.

What we are seeing is that the 2007 concessions are too little too late. It should have happened years ago and we might not be talking about this.

Lastly, the job banks are a joke. GM management was stupid for agreeing to it in 1984.