JoeinTX
Platinum Member
GM and Chrysler will continue on..........with bankruptcy and gov't funds. It's been made clear that the Obama Admin will see them through in some form via legal and financial means. Ford is okay assuming the parts suppliers have no trouble.
In five years you'll still have (new)GM, Ford, and Chrysler (Fiat) around building vehicles within various corporate structures and you'll have Toyota, Nissan, Honda, Hyundai, and KIA competing with them vociferously in the process. The remains of the Big Three had better figure out their labor and production cost issues (by which I mean the GD UAW) or they willl fry.
In a not so weird way, for the common person, we're not so worried about seeing the Big 3 collapse so long as the UAW goes with them into the dust bin of history. Nothing wrong with a union, but, there is something entirely wrong with unions that price themselves out business........then use extortion to remain in existance.......and then cry to the public when their bloated and unsustainable contracts are no longer economically worthy.
I will still be able to buy a nice pickup in 2015.........whether it's built by non-Union labor south Texas or UAW drones in Detroit makes little or no difference to me when I run the numbers. Fair warning.........
In five years you'll still have (new)GM, Ford, and Chrysler (Fiat) around building vehicles within various corporate structures and you'll have Toyota, Nissan, Honda, Hyundai, and KIA competing with them vociferously in the process. The remains of the Big Three had better figure out their labor and production cost issues (by which I mean the GD UAW) or they willl fry.
In a not so weird way, for the common person, we're not so worried about seeing the Big 3 collapse so long as the UAW goes with them into the dust bin of history. Nothing wrong with a union, but, there is something entirely wrong with unions that price themselves out business........then use extortion to remain in existance.......and then cry to the public when their bloated and unsustainable contracts are no longer economically worthy.
I will still be able to buy a nice pickup in 2015.........whether it's built by non-Union labor south Texas or UAW drones in Detroit makes little or no difference to me when I run the numbers. Fair warning.........