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. |
All times are GMT -4. The time now is 04:42 AM. |
© 2024 MH Sub I, LLC dba Internet Brands