Knowledge is the corner stone for the development of a solid understanding of a
subject.
Are you gooing to buy a Tata? Yes? No? Why or why not?
$6000 in materials and labour is obscene but charging $40K for a truck is peachy keen?
You write that like you know what it means.
$4,000 per car just for the pension contribution alone.
It would be great if the money didn't go to build plants in China and Russia. GM sold more vehicles in China this year than they did in the US.
Now that's what I call taking responisibity.
Is that the pensions lost in derivative investments?
Nope
No, they lost much more than that. But it's okay, because the pension plan now owns tons of GM stock. And since management is not responsible for the direction of the company, the union is truly in their own hands.
No, they lost much more than that. But it's okay, because the pension plan now owns tons of GM stock. And since management is not responsible for the direction of the company, the union is truly in their own hands.
If they didn't charge 700% mark up they wouldn't have to pay so much for the robots.
Bailed out by the employees. That means good old fashioned profit sharing?
... And risk sharing!
18%? Where can I buy a $7100 vehicle? Tata India?
GM's previous management was great at taking risks, assuming consumers would buy massive SUV's perpetually.
When is Tata going to make a 1/2t? Or should I keep my bail out free 2012 F150?
2012 Ford 1/2 ton, eh?
Petros brings up a good point on this. Why can Tata build and sell a car for $2,500 (I believe that this is the price for their cheap model) and that would not even come close to the cost of materials & installation of the interior of a Ford or GM?
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If you have looked at that Tata car, you would see how it's done. It's a piece of garbage that couldn't possibly meet North American safety standards. It's everything you would expect a $2,500 car to be.
People still are buying SUV's.. But understand that the risk exposure gets bigger and bigger as the costs increase.
Petros brings up a good point on this. Why can Tata build and sell a car for $2,500 (I believe that this is the price for their cheap model) and that would not even come close to the cost of materials & installation of the interior of a Ford or GM?
North American mfgrs aren't competing directly with Tata, but the principle exists in terms of competition with Honda, Hyundia, Toyota, etc... If Petros wants "good old fashioned profit sharing", he had better be prepared to accept his share of good old fashioned risk as well as contribute a good old fashioned effort in representing fair inputs and productivity.
Where can I buy a TATA in Canada?
GM's previous management was great at taking risks, assuming consumers would buy massive SUV's perpetually.
You can buy a Jaguar from them apparently but I don't see anything for their TATA line of cars in Canada.
You can buy a Jaguar from them apparently but I don't see anything for their TATA line of cars in Canada.
When are the next bail outs scheduled so they can buy a ship or two to send them on over?
I think Tata is getting handouts for their iron ore mines in Labrador now.
You can buy a Jaguar from them apparently but I don't see anything for their TATA line of cars in Canada.
I'm not suggesting that Tata cars are suitable (safety or practically) for Canada, but the question remains, why is there such a divide in the costs?
Answer that question and you can pass it along to Petros who is questioning why the N. American mfgrs are looking to India for the ops.