TwinTurbo.NET: Nissan 300ZX forum - A lot of the financial problems that Ford and GM is
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Subject A lot of the financial problems that Ford and GM is
     
Posted by Zirvana on October 04, 2006 at 1:49 PM
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In Reply To definitely but they have let their rep rot in plain sight posted by LJZTT on October 04, 2006 at 01:10 PM
     
Message experiencing is due to the wages and fringe benefits won by their Unions over many years. Today, most Companies cannot afford the wages/benefits/pensions that burden Ford and GM (along with their major Suppliers, Visteon and Delphi).
We see the published numbers, the wage expense and benefits to build a vehicle by Ford or GM is not competitive with many other automotive companies. Compound that with better quality vehicles from Japan...leaves Ford and GM is dire straights.

     
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