MattTheSkywalker said:
Incorrect. $2000 of every GM car's price goes to pensions. I read that in the WSJ about two weeks ago, and also came across it when talking to the owner of a Cadillac dealership a few weeks ago; I was testing the CTS-V. Great to drive, a rocket, but when I was talking price with the owner we got into a long discussion over this, and he's owned the dealership 30+ years, so he's been there for GMs ups and downs.
If you'd like I will find an authoritative source to confirm this pension statement for you. I am completely sure of it though. GM having pension problems is old news, I thought. How else would they pay for them?
Sure. But it is still true that absent unions, the prices of labor would drop, so would the price of cars.
I got really lucky a few years ago and can buy anything.
?
matt, a couple of quick questions. are you implying that the unions pension plans are what adds the $2000 to every GM?
id be willing to bet without looking at GM's dossier that the large majority of employees(im guessing 75% or more) are not union represented but salary positions.
and salary positions usually have more benefits, higher pay, and better pensions. that tells me that the $2000 is not attributable to unions.
not neccessarily, about the price of labor and cars dropping. an assumption that is all.
the industry i work in is probably 1/2 union and 1/2 not. the companies that are not union typically pay more and have better benefits.
but in comparison, being union doesnt make a difference on the bottom line. not from what ive seen.
so if you got lucky, maybe there are some people out there that may not be so lucky. id still rather have more of my nieghbors working than not, so they dont have to steal from me.
and remember matt, just like GM worker joe could have either woorked somewhere else, could have invested his own money instead of company pension, you to have an option. dont buy a GM car.
which i know you dont, so there! *sticks tongue out*