And the reason they are saddled with such high costs are because instead of playing hardball with the Unions over the years and telling them they can't have what they want, the beancounters and comapny big-shots took the easy way out and let the Unions have what they wanted.
To provide an analogy, FORD AND GM are like the car buyer who goes into the dealer and pays full MSRP for the car because they don't want to spend 30 minutes haggling to save themselves a couple of hours. They screw themselves, plain and simple.
Please don't say the unions would refuse to work for a lesser wage and retirement. Even if the unions had refused to work because they weren't being given what they wanted, when they were starving and not able to pay the bills, they would have come back and accepted a reasonable wage and retirement package.
Toyota and Honda do have younger work forces, and fewer costs, but they will never have the costs like American car companies because they don't, and won't pay their workers the wages the UAW makes. This, coupled with quality products, and a good reputation will continue to keep Toyota and Honda competitive for years to come
Last edited by red99sesport; 03/03/05 07:20 PM.
