Re: Foreign cars pass Big 3
 

Jeff wrote:
> "Bassplayer12" <perettij@nbnet.nb.ca> wrote in message
> news:yfIxg.17744$pu3.351347@ursa-nb00s0.nbnet.nb.ca...
>> snip
>>
>>> While the power shift has been long in the making, it's nonetheless
>>> a disheartening sign that Detroit's auto industry is losing the
>>> battle for the hearts and wallets of American car buyers.
>>
>> Does anybody know how much it costs Toyota and Honda to build a car
>> compared to
>> the Big 3?
>> What are the benefits and salaries paid to the employees?
>> If there's a difference, the day may come when the Big 3 are going to
>> demand concessions
>> from them to save the companies and their jobs.
>
> It's already here. The companies are demanding concessions involved
> health care. Soon they will involve pensions. The Big 2 and the
> American part of the Dialmer-Chrysler and many of their suppliers
> have pension obligations that have not yet been met. IN most of
> Europe, the government takes care of the pensions.
>

This is the same in the US, to some degree, depending on who defaults on
their pension obligations.

Re: Foreign cars pass Big 3
 

Jeff wrote:
> "Bassplayer12" <perettij@nbnet.nb.ca> wrote in message
> news:yfIxg.17744$pu3.351347@ursa-nb00s0.nbnet.nb.ca...
>> snip
>>
>>> While the power shift has been long in the making, it's nonetheless
>>> a disheartening sign that Detroit's auto industry is losing the
>>> battle for the hearts and wallets of American car buyers.
>>
>> Does anybody know how much it costs Toyota and Honda to build a car
>> compared to
>> the Big 3?
>> What are the benefits and salaries paid to the employees?
>> If there's a difference, the day may come when the Big 3 are going to
>> demand concessions
>> from them to save the companies and their jobs.
>
> It's already here. The companies are demanding concessions involved
> health care. Soon they will involve pensions. The Big 2 and the
> American part of the Dialmer-Chrysler and many of their suppliers
> have pension obligations that have not yet been met. IN most of
> Europe, the government takes care of the pensions.
>

This is the same in the US, to some degree, depending on who defaults on
their pension obligations.

Re: Foreign cars pass Big 3
 

Jeff wrote:
> "Bassplayer12" <perettij@nbnet.nb.ca> wrote in message
> news:yfIxg.17744$pu3.351347@ursa-nb00s0.nbnet.nb.ca...
>> snip
>>
>>> While the power shift has been long in the making, it's nonetheless
>>> a disheartening sign that Detroit's auto industry is losing the
>>> battle for the hearts and wallets of American car buyers.
>>
>> Does anybody know how much it costs Toyota and Honda to build a car
>> compared to
>> the Big 3?
>> What are the benefits and salaries paid to the employees?
>> If there's a difference, the day may come when the Big 3 are going to
>> demand concessions
>> from them to save the companies and their jobs.
>
> It's already here. The companies are demanding concessions involved
> health care. Soon they will involve pensions. The Big 2 and the
> American part of the Dialmer-Chrysler and many of their suppliers
> have pension obligations that have not yet been met. IN most of
> Europe, the government takes care of the pensions.
>

This is the same in the US, to some degree, depending on who defaults on
their pension obligations.