02-14-2006, 06:51 PM | #1 |
Nerd
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GM vs. Toyota: By the Numbers
http://www.npr.org/news/specials/gmvstoyota/
It's now two months old, but this NPR piece compares the success of Toyota to the mess that is GM. Highlight: Profitability per vehicle: GM loses $2,313 per vehicle, Toyota makes $1,488 per vehicle. |
02-14-2006, 07:08 PM | #2 | |
Western Anomaly
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Quote:
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02-14-2006, 07:30 PM | #3 |
Nerd
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This has to be a huge drag on GM:
Employees White collar: 36,000 Production: 106,000. Retirees: 460,000 Compare with Toyota: White collar: 17,000 Production: 21,000 Retirees: 1,600 I was actually expecting GM to have a disproportionately high number of white collar workers compared with Toyota. Sort of "management creep" if you will. Seems like the longer a company is in business, the fatter the management ranks get. This trend doesn't fit here, but of course we're only seeing the US numbers. |
02-14-2006, 08:14 PM | #4 |
Western Anomaly
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it would be fine and easy to meet the demands of the UAW, for example, such "largesse" (i.e. blackmailing) such as workers getting 95% pay even when the factory is idled --in a tax-heavy socialist society like Japan or any European country.
but the fact is, we're extremely capitalist in our tax structure and our society just doesn't support the level of socialism so GM gets creamed paying for its retirees.
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02-14-2006, 11:32 PM | #5 |
Jeeped
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um . . . what about people saving for their own retirement? It's not like we don't have 40+ years to do so.
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02-15-2006, 12:13 PM | #6 | |
Western Anomaly
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i dunno if you remember that last big strike that GM faced with the brake parts? dual UAW worker families were crying because strike pay couldn't cover the cost of their two cars, two house (one up north) and skimobiles. they were interviewed on TV actually admitting to all of these things they had to "pay for" --with that level of entitlement, do you really expect these types to save for themselves?
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