Re: GM Workers on Strike
As stated before, this gets down to the healthcare/retiree payments that GM is obiligated to pay for seemingly forever...I heard last week that the amount of $$$ that GM has to add into each and every car to offset the benefits is already *more* than the msrp of several of the Asian automobiles...that's *before* the price of material, labor, profit, etc. I forget the exact number, but I wanna say it was like $13k-$15k or something silly like that? Regardless, that's a heck of a head start for the competition, considering *all* of the Big 3 are forced to now compete in a global market...
|