nybirdman
Super Member
I personally don't feel that I was shafted by GM.....allowed me to retire at 58,I had 25 years in my other retirement plan.I enjoyed the people and the work while I was there.The ones that got shafted were less than 50 years old and lots of time with GM.They either had to move or lose it all.
The UAW protected us,the salaried lost out big time(retirement and GM stock).
Now GM is building(have built) plants any-where but the U.S.Can't compete with a brand new plant and $2.00 a day help.
I.E. the new Buick Regal....47% U.S. content
designed in China
Chinese motor
Japanese transmission
built in Germany
Sold at every mom and pop dealer ship as a Buick.
Recently read ,vehicle with the most U.S. content Honda Accord at 85%
Least.....Chevrolet Aveo at 2%
Like I said ,I am glad the UAW took over our pension other wise it would be gone.
The UAW protected us,the salaried lost out big time(retirement and GM stock).
Now GM is building(have built) plants any-where but the U.S.Can't compete with a brand new plant and $2.00 a day help.
I.E. the new Buick Regal....47% U.S. content
designed in China
Chinese motor
Japanese transmission
built in Germany
Sold at every mom and pop dealer ship as a Buick.
Recently read ,vehicle with the most U.S. content Honda Accord at 85%
Least.....Chevrolet Aveo at 2%
Like I said ,I am glad the UAW took over our pension other wise it would be gone.