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Reader Comments for
Subscribe to this threadCan General Motors sustain momentum towards profitability?
(Page 1 of 1)
Roger @ May 14th 2006 3:28PM
Question is:
Will UAW rules allow GM to reduce truck production and spend the extra money to beef up their more fuel-efficient cars unitl trucks go back up again?
Or will they keep up their egregious and obstructionist demands on a dying company?
Lower production will keep the prices of the SUVs up, and allow for higher profits (no incentives) as well as avoid a glut.
Will it happen?
Stay tuned!
GM needs to be spending cash on its vehicles. SO far, every penny earned from every sale is beign funneled into the greedy mouths of that money-thirsty UAW.
GM--and the economy--would be much better off if the company were allowed to trim its workforce (releasing the excess workers to fill other posts in the growing economy).
Time for a showdown.
The UAW has been nothing but bad for GM for 40 years. Will it go away? Or will the US auto industry go the way of the steel industry (also thanks to unions).