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Chrysler doesn't have much of an international presence these days since Daimler kept most of that when they spun off Chrysler. Still both Latin America and Europe are profitable for them.
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I see lots of rhetoric but no figures of how profitable they are. It sounds like they are narrowly making a profit, if anything, which is far from making money "hand over fist".Originally posted by Oerdin
GM and Ford prosper in South America.
Big profits in China.
Big profits in India.
Europe profitable.
The truth is they're making profits every where but North America and that's primarially because of legency costs (pensions, health care) and because of uncompetitive union contracts. Not to mention the credit crunch has cause auto sales to fall below the level achieved in 1969.
48 inch pizza again."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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No point dicking around with blogs, go right to the source:
Latin America, Africa and Middle East is the only region that turned a profit in Q3 2008."The French caused the war [Persian Gulf war, 1991]" - Ned
"you people who bash Bush have no appreciation for one of the great presidents in our history." - Ned
"I wish I had gay sex in the boy scouts" - DissidentComment
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Indeed, labor costs are only part of the problem. Focusing on those to the exclusion of the other issues wouldn't help (and is also morally reprehensible, IMO). That's just scapegoating.Originally posted by Vanguard
So why reduce labor costs then? Fire the designers, bail them out, and you should be all set.
So why reduce labor costs then? Fire the management, bail them out, and you should be all set.
It's a combo of bad management (past, current), old plants (I'm assuming, actually, but I doubt I'm wrong on this) and the labor/health care costs. Edit: and perhaps the tarriff thing Imran's talking about (I'm not familiar with that).
I'm totally on board with "fire the management." And the designers, if they really are the problem (as opposed to dumb edicts from on high concerning what they can and cannot design). The question is, given the competitive environment, is that enough? Even with improved mgmt, design, and a cash infusion, can the US automakers compete with Honda, Toyota, etc. given the labor costs? If a good case can be made that they can, I'm willing to be convinced (though it will take some convincing, just b/c I'm used to GM, Ford and Chrysler sucking).
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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TIME article (Is GM worth saving?):
grog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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Do they manufacture cars there?Originally posted by Kontiki
No point dicking around with blogs, go right to the source:
Latin America, Africa and Middle East is the only region that turned a profit in Q3 2008.
It looks $512M in profits for the year. That's good but it's not making money "hand over fist"."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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This is funny. The city of Detroit is asking the feds for $10 billion too. $10,905 per person.
Hey, if it works for the auto companies, it ought to work for the cities. GM is the "hiphop automaker."Last edited by DanS; November 14, 2008, 16:06.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Do Detroit carmanufacturers still got plants in Detroit proper?DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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It should be a partnership. It isn't. And the relationship is adversarial because of the actions of both sides, not just labor.Originally posted by DanS
The sad thing is that the UAW views the employer/employee relationship as adversarial rather than as a partnership. It seems obvious that the fortunes of the UAW are tied closely with the fortunes of the companies/investors/management.You've just proven signature advertising works!Comment
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For a lighter view of this situation:
-->Visit CGN!
-->"Production! More Production! Production creates Wealth! Production creates more Jobs!"-Wendell Willkie -1944Comment
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I understand that, but they're going to have view it as a partnership in order for these companies to be viable. No amount of money from Uncle Sam is going to make the adversarial model of Detroit competitive with the partnership model in use by the Japanese companies.Originally posted by Seedle
It should be a partnership. It isn't. And the relationship is adversarial because of the actions of both sides, not just labor.
It's no wonder that the Japanese companies won't touch former UAW members with a ten foot pole.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Everyone and their grandmother has lined up to ask for money and why not? It's free so they have nothing to lose.Originally posted by DanS
This is funny. The city of Detroit is asking the feds for $10 billion too. $10,905 per person.
Hey, if it works for the auto companies, it ought to work for the cities. GM is the "hiphop automaker."
Of course they should deny all of these requests but I honestly can't fault all of these cities and states asking.Try http://wordforge.net/index.php for discussion and debate.Comment
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10k ea is quite a bitI drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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I think year to date $512m is pretty darn good given the international credit crisis and everything. I mean their North American unit has lost something like $21 billion so it's pretty clear North America is the problem. Also last year they sold 16 million cars but this year the US market total will probably only be 13.6 million cars which is supposedly the worst since 1969. The credit crisis is really effect auto loans.Originally posted by Asher
Do they manufacture cars there?
It looks $512M in profits for the year. That's good but it's not making money "hand over fist".Try http://wordforge.net/index.php for discussion and debate.Comment
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I can actually remember owning that game.Originally posted by DarkCloud
For a lighter view of this situation:
http://apolyton.net/forums/showthrea...hreadid=181936Try http://wordforge.net/index.php for discussion and debate.Comment
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