Monosyllabic Pedantry

Wednesday, December 10, 2008

Where's the Problem, Big 3?

According to the most recent data from the National Automobile Dealers Association, (shown above) Ford, GM and Chryseler sold WAY more cars than the "foreign imports", which are supposedly squeezing them out of business. I put that in quotes because many of the "foreign made" cars are actually manufactured in the US.

In fact, the big 3 sold 54.89% of the cars in the US, compared to just 22.66% that was sold by the Big 3 foreign makers; Toyota, Honda, and Nissan.

Yet nobody else needs a bailout.

Could it be that the UAW has made it impossible for a business to make money, even when that business holds over twice the market share of it nearest competitor?
As of December 1st, there were 1000 to 3000 United Auto Worker employees currently on the Job Bank program, down from 15000 just three years ago. That's the union's program where workers are paid their full, bloated union salary for sitting around and doing nothing. They can't be fired. They do crossword puzzles and get paid $77/hr.

The Big 3 need to be put into bankruptcy so the union contracts can be renegotiated.



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