Andy,
30,000 "expendable" employees! That boggles the mind.
What in God's name where their positions that they can
afford to let them go. I also think the unions have
basically crippled the auto makers. Their time is past.
I spend a lot of time in a Gov't facility that is unionized
and I can't even begin to tell you how counter productive
it all is. If Ford has anything like this to deal with, I
think I can understand why they are dieing on the vine.
Can you imagine a day when one of the big three disappears
from our landscape and a foreign auto maker takes their
place? It doesn't look to be that far away. Look at KIA.
I'm not recommending their cars, but cheep prices, 100,000
mile warranty, etc.. They are hungry for growth and willing
to bank on the future.
I was out looking for cars for my daughter and I'm looking
at $14,000 for a used Taurus or $14,000 for a new KIA.
The 100,000 mile warranty is amazing. It's a tough call
because I want to keep our companies going strong. But
at what price?
Steve