Hyundais cost/car versus The Big 3 American Car Manufacturers
07-02-2006, 08:38 AM
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Hyundais cost/car versus The Big 3 American Car Manufacturers
Interesting article in "Michigan Today" from the University of Michigan.
According to Walter McManus, Director of the Uof M Transportation
Research Institute, Automotive Analysis Division.
The following excerpts are eye opening;
Ford, GM and Chrysler spend $2903 per car on labor alone, Hyundai spends
$551. Hyundais retirement expenses are $24 per vehicle, while the big
3's cost $411 per vehicle. Big 3 health care cost is $1280 per vehicle,
Hyundai's is $27 per vehicle. Likewise Japanese health care and pension
costs are a fraction of what their American competitors pay.
According to Walter McManus, Director of the Uof M Transportation
Research Institute, Automotive Analysis Division.
The following excerpts are eye opening;
Ford, GM and Chrysler spend $2903 per car on labor alone, Hyundai spends
$551. Hyundais retirement expenses are $24 per vehicle, while the big
3's cost $411 per vehicle. Big 3 health care cost is $1280 per vehicle,
Hyundai's is $27 per vehicle. Likewise Japanese health care and pension
costs are a fraction of what their American competitors pay.
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