Quote:
quote:Originally posted by ptgt
the pensions that the big three pay out annualy to employees after having been producing in north america for almost 100yrs is enough to put them at a huge disadvantage. The japanese have only been producing here for a few years. They dont have the finacial commitments that the big three have. They are left with no choice but to compete head to head with this. Yes the japs make a better car, that fact is, in this market they can afford to. The big three have no choice but to cut costs if they plan to stay in business. look at the rediculous insentives that are offerd. that is just to stay competative. and hold on to market share, but the fact is, is tthey are losing their shirts compared to the japs. The japs are laughing all the way to the bank. The government is responsible for this. Allowing forign investment to try and save american (and canadian) econimies. We the american (and canadian) auto workers are getting stabed in the back. The big three cant compete in this current environment. If you feel that an import is a far greater automobile then you should be willing to cough up extra for it.
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PTGT,
I couldn't agree with you more about the playing field. The fact still remains that market share comes from how many individual products you sell in relationship to your competitor.
ONE BIG QUESTION:
Why are Americans buying another countries product first.
(This reminds me of when Iacoca took over)
To be a market leader you have to have the product that gives the purchaser the most percieved VALUE for their buck. Sales numbers tell this story in black, white, and in Chryslers case RED.
If American automobile buyers really felt that Chrysler gave them the best value in a car today, giving away all of the profit with it would not have to be a precondition of the sale! Even though the numbers are small you have only to look at the mad scramble to get an SRT-4.
We may be in a case where our politicians are not working for us, look now at our economy and it will become clear....The Politicians are proclaiming a "recovery", while thousands of jobs are being cut on a daily basis.
The truth lies closer to a street named Wall in New York City.
Many of America's wealthiest citizens (that contribute heavily to both our political parties) have more than a passing interest in stock prices. When stocks are up....THEIR economy is up, however Joe Zolnowski UAW worker IN Detroit only sees the weekly check as his indicator. There in lies the problem!
The economy that supports our current politicians is not based on the plight of the working man (if the politician can continue to buy his vote with more campaign $$advertising$$). GE stock can soar because of increased productivity of the Indian (that's India, not native Americans) workforce, bet your bottom dollar JoeZ. wont be part of that boom!