coming big uaw strike?
in 5-10 years, i think we'll be looking at mass production and sales of tesla and chinese brand electric vehicles which will eat ford and gm's lunch.
the smug uaw leader will slink off to florida with HIS huge payout, and the laid off uaw workers will end up with some kind of payout from the bankruptcies.
the smug uaw leader will slink off to florida with HIS huge payout, and the laid off uaw workers will end up with some kind of payout from the bankruptcies.
ford and gm ceo's say their cars are too expensive... gee i'm sure the strike settlements will help with that...
https://www.foxbusiness.com/markets/...emand-weakness
https://www.foxbusiness.com/markets/...emand-weakness
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I beg to differ. Actors, musicians, have to come up from the ground up working hard to obtain their wealth by individual hard work. CEO's are Board like voted in. The car market is in trouble right now. If they, like the big Banks started going under again, they would be right back crying to Congress again asking for a Taxpayer Bailout, again. The Actor or Musician would not. Look at the problems Will Smith had and Johnny Depp where they were not able to obtain new roles. I don't hate a CEO for being able to make the money they do, although the pay is not justified IMO unlike a Musk or Gates.
I just hate seeing CEO's that do not want to equally and fairly pay their workers who put in the hard work for production of that company's success. Yet they have even American CEO's Golden parachutes for themselves even if they fail in their job. While the worker would end up getting a pink slip and out of a job. Who thinks that it's a good look as the Company Leader to be getting all the millions of dollars in paycheck and a 34% increases? Then be stubborn moving your workers up from only 6% while the company is profiting? Way to keep that same energy rewarding yourself on profits, as if the workers were not involved in that success at all. Not the best for employee Management relations, nor public relations to those who work hard everyday just to put food on the table for their families. As if negotiating a settlement with the workers is going to put them out of business entirely. I guess Leading the current trending high profit company to a huge Auto workers strike will lead to new million dollar bonus for their CEO's shortly. lol!
Some company's and corporations the employees and workers all love the CEO and 100% support them. Some company's workers hate the CEO. Normally guess what those impact results are? The workers hardly ever tell you it's their Union that sucks, that's on their side.
I just hate seeing CEO's that do not want to equally and fairly pay their workers who put in the hard work for production of that company's success. Yet they have even American CEO's Golden parachutes for themselves even if they fail in their job. While the worker would end up getting a pink slip and out of a job. Who thinks that it's a good look as the Company Leader to be getting all the millions of dollars in paycheck and a 34% increases? Then be stubborn moving your workers up from only 6% while the company is profiting? Way to keep that same energy rewarding yourself on profits, as if the workers were not involved in that success at all. Not the best for employee Management relations, nor public relations to those who work hard everyday just to put food on the table for their families. As if negotiating a settlement with the workers is going to put them out of business entirely. I guess Leading the current trending high profit company to a huge Auto workers strike will lead to new million dollar bonus for their CEO's shortly. lol!
Some company's and corporations the employees and workers all love the CEO and 100% support them. Some company's workers hate the CEO. Normally guess what those impact results are? The workers hardly ever tell you it's their Union that sucks, that's on their side.
Look at a line worker, do they have a certain talent/skill that many people can't do? No they do not and that is the difference. My firm pays me a lot of money because there aren't that many people with my talent/experience I have so they know they have to pay more.
Auto CEO's time to make the Donuts yourself. Oh Boy. They held out on the workers pay increase.
I still think what some CEOs and CFOs do is based on some level of talent. Could I be a CEO or CFO of a public company of a fortune 500 company? No I don't have the talent/skills to do that, I just don't. I agree some CEOs that build the company from the ground up like Zuckerberg or Musk is different but they also get ridiculed all the time for making too much money. Also, most people that start companies like that step aside for a real CEO when they become public because there is way more to running a public company than an private company. Musk is somewhat of an anomoly. Most of the time they bring in a CEO with more talent/experience. If they don't pay what the CEO the market for that skillset is paying, they may not get a quality CEO.
Look at a line worker, do they have a certain talent/skill that many people can't do? No they do not and that is the difference. My firm pays me a lot of money because there aren't that many people with my talent/experience I have so they know they have to pay more.
Look at a line worker, do they have a certain talent/skill that many people can't do? No they do not and that is the difference. My firm pays me a lot of money because there aren't that many people with my talent/experience I have so they know they have to pay more.
I don't know what you do? I am Certified at my Communication company at a high level myself. With that, I doubt you have skills, and/or nor do 99% of the employee staffs out there have those who skills out weight pay from a average of $80k - $120k per year per employee.... vs $35 million per year, for 1 single entitled employee.
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in 5-10 years, i think we'll be looking at mass production and sales of tesla and chinese brand electric vehicles which will eat ford and gm's lunch.
the smug uaw leader will slink off to florida with HIS huge payout, and the laid off uaw workers will end up with some kind of payout from the bankruptcies.
the smug uaw leader will slink off to florida with HIS huge payout, and the laid off uaw workers will end up with some kind of payout from the bankruptcies.
UAW gets their deal, then:
- why are cars so expensive?
- why is GM going bankrupt?
- government you must bail out GM
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From: Virginia/D.C. suburbs
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Joined: Sep 2010
Posts: 26,053
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From: Alberta
I agree they've had enough. Enough of working hard now they can work at 70% and get 130% pay. Enjoy your much more expensive GM vehicle while you can.
they are both in big trouble.
Last edited by bitkahuna; Oct 28, 2023 at 01:30 PM.
Lexus Fanatic
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From: Virginia/D.C. suburbs
Enjoy your much more expensive GM vehicle while you can.
Not even hybrids.....all of them BEVs. The upcoming Envista will be the last new gasoline-engine Buick in the U.S.I will probably be looking at another Encore GX in a year or so....likely a 2025 version, although I don't particularly care for the latest 2024 update to the dash and screens. Despite a couple of quirks, I've been extremely satisfied with my 2021, and there's currently nothing else on the market that fits my driving needs/style any better, even the new Buick Envista, which lacks some of the features I want.
As far an an "expensive" vehicle goes, the GX has a very reasonable price....26-33K on the average. And the Envista is even less expensive...23-29K to start. The GX is not likely to get much, if any more expensive, since it is built in Korea with Union labor. Yes, I would prefer that it was built here in the U.S. with UAW labor, and, yes, I would pay a little more for one as long as the increase was what I considered reasonable. And, at least, South Korea is an economic and military ally of ours......by buying a GX, you are not helping to support the Chinese semi-slave labor system and that country's efforts to dominate the world economically.
Last edited by mmarshall; Oct 28, 2023 at 04:08 PM.
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From: Virginia/D.C. suburbs
Yes you got it. Back in 2008 the Workers took big concessions cuts that the Auto companies promised to make up for. Auto companies went to Congress got the money too and never shored up from the concessions they promised to give back to the workers. That's also why they have had enough. You do not just sit on your butt in an 1Auto assembly line plant for 8 hours.
+1. Bingo.
Lexus Fanatic
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From: Virginia/D.C. suburbs
Looks like a deal to end the strike may also have been reached with Stellantis, which will match the 25% offer that Ford promised, assuming the workers ratify it. Now only GM is holding out. Come on, Mary...................
https://apnews.com/article/uaw-stell...a8b2112c205e59
https://apnews.com/article/uaw-stell...a8b2112c205e59