February 16, 2012

Some Workers Are More Equal Than Others


The $474,000 GM job

Update: Plus:

The strange budget priorities of Obama: Subsidizing car purchases for the 1% over poor children and airline safety

Meanwhile non-luxury Euro car makers are in trouble, especially Fiat (the proud owner of Chrysler which is in effect saving the Italian parent); VW--“slightly premium”--is however doing well, Ford is surprisingly not mentioned:

Too many cars, too few buyers

Nice charts. And note that Peugeot... also worryingly dependent on selling cars in kit form to Iran, which account for 13% of Peugeot’s sales (compared with around 6% for Renault), and which would be vulnerable to any conflict over Iran’s nuclear programme...
Posted by Mark at February 16, 2012 10:45 AM

The union runs GM. This com. will never be profitable until someone has the guts to kill the union. Put control back in the hands of the owners and then and only then will they be profitable.

Posted by: a@c at February 16, 2012 11:42 AM

"Unless one cares to be protectionist, provincial or ideological, the GM-Chrysler bailout made no sense in 2009 or now."

In the political environment that existed at the time, there was no question of there being such a bailout, the only question was: Would the Liberal/NDP/Bloc Coalition get hold of the reins of power and throw borrowed money around like drunken sailors or would there be this limited bailout to mollify fickle Ontarians in this crucial voting area.

Posted by: Oz at February 16, 2012 11:45 AM

I drive a Japanese car and always will. I do not support a socialist rip off auto manufacturer such as GM or Chrysler. I support non union companies … they work harder and you get better value.

Posted by: Abe Froman at February 16, 2012 12:16 PM

Remember, not content with a bailout, the CAW will still have it's greasy hands in our pockets, in Ont. , extracting more in the form of subsidies for the power their ridiculous wind turbine produces.
Every month, your hydro bill should show a line that indicates how much your giving to the CAW for useless power.

Posted by: Pkuster at February 16, 2012 12:39 PM

They should have been left to sink or swim, the bail outs were shameful....For this reason I will never buy another GM or Chrysler and to this day I tell everyone who will listen the same thing. I could understand the disgusting abuse of taxpayers money by the socialist McGuinty and although I know harper had a minority and the coalition government threatening I still feel ill that they followed that route.

Posted by: Golfergirl at February 16, 2012 1:18 PM

Gee, workers paid on the same scale as university presidents! I bet that they are more useful, however.

Yes, kiddies, Graham Spanier at PSU received the big bucks for looking the other way on the Jerry Sandusky file. It was poor old Joe Paterno got it in the neck.
I had better not say anything about our fellow down here on the Rock, except that he's on the same pay scale -
"disgusting abuse of taxpayers money" covers it - alas, we even have a PC government.

Posted by: John Lewis at February 16, 2012 1:24 PM

They should not have bailed GM or Chrysler out. We had a good chance to get Z-71's for under $20,000 with the bailout they went over $30,000.

Besides, GM could have sold enuf of it's Foriegn Divisions to rescue it's American Division. Complete scam by our Gov't including Democrats and Republicans. Hell, we all know this bailout was just to save the SEIU pension funds.

Posted by: Ratt at February 16, 2012 2:30 PM

Saw a good chart on The Five.

Topic was a $10,000 subsidy for buyers of the Chevy Volt.

Average income of American wage earner = $33,000.

Average income of Volt buyer = $170,000.

So, the average taxpayer is subsidizing members of the 1% ... as defined by the Occupy movement.

Why is it their heads are not exploding?

Posted by: set you free at February 16, 2012 4:11 PM

I drive a Japanese car and always will.

I do now. My 'newest' N.American vehicle is a '95 F-150, still runs good. That was before they stated making crap.

Posted by: North of 60 at February 16, 2012 4:55 PM

Abe, Golfergirl and North of 60, ditto here. We are on our third Honda vehicle over a 13 year period and they have been great for fuel economy and reliability. We love our Pilot as does my back.

Although in the interest of full disclosure,we do have a 2003 GMC 1500 we bought while still farming and to pull our cabin camper. Ford and GM trucks were always good to us while farming, but cars not so much. The Toyota Tundra apparently is a more reliable 1/2 truck from what owners tell me.

Posted by: Ken (Kulak) at February 16, 2012 6:25 PM

Funny that bit about "Peugeot selling cars in kit form to Iran"....

I had a '75'.....tough, economical, great highway car....handled well but it's brakes were biodegradable with a brief shelf life. My X killed it....backed into a tree, blew the clutch and melted the starter....

Her opinion..."it's a piece of crap"...."two brake pedals and neither worked"......

Serenity now!

Posted by: sasquatch at February 17, 2012 9:09 AM