Krazybones
Club Member
Fain to hold Press conference Today at 10am.
I mean taking your profits and investing them all into EV is a strategic strategy, one the union clearly doesn’t agree with. Other big companies like Honda, Toyota and VW aren’t doing that and many are thinking it’s a waste of money. I hope the money invested shows profit for the big three, but at least for now it’s not looking too good.
Fain to hold Press conference Today at 10am.
In one message, Furman wrote “if we can keep them wounded for months, they don’t know what to do… this is recurring reputations damage and operation chaos.”
In another, he writes “The beauty is we’ve laid it all out in public and they’re still helpless to stop it.”
Base salary of $2m if things tank is still pretty sweet.
Everyone I know that has had an EV are , one and done. The cost of ownership for a normie doent make good sense
I think you're underestimating the personal cost, constant headaches, stress, and no work-life balance when you're the CEO of GM. There's a lot of stuff you and I can do without thinking that she cannot. I'd be curious as to just how much she spends a year on work clothes, hair, personal assistants to cover family needs while she is constantly traveling, etc. $1-2M? No thanks. I'm not saying $29M is deserved either, but if you think she can just show up 40 hours a week and punch out at the end of her shift and focus on her family life... and then show up in ratty jeans and polo to work daily and make a go at it... probably need to reality check how much it costs just to be in that position. Granted her income level likely drives a lavish lifestyle too... but I think you'd have a very hard time finding a better CEO of GM for $2M/year.
The real losers are American tax payers who will get shafted when the Golden Geese are bankrupted and defer their "legacy" obligations - you know, like last time!I think the UAW will win the battle.
They could be - and that has been the elephant in the room for decades.Big 3 will either cease to exist along with UAW jobs, or all UAW jobs will be automated or moved to Mexico.
Baloney. SE MI is doing just fine (assuming real estate prices are an indicator).Meanwhile, SE MI slowly turns into Flint - abandoned and no company in their right mind would move here.
Perhaps people are tired of hearing about over-paid bed-pan changers?How come the news isnt actively discussing the nurse strike in Rochester?
I went nine years without so much as a cost of living increase - I doubt there's much general support for much of anything the UAW is requesting.I'm sorry .. 46 % raise... across the board .. pipe dream
The whole two-tier thing is ridiculous and always was, but that's what happens when existing people don't give a fuck about anyone but themselves.I understand workers hired after 2007 are on a lower tier ... and would support raising them up to the same wage as the older workers...
strike fund will get depleted quicker now
Still operating under an Expired Contract at "most" facilities.
Eat the rich, eh? Doesn’t look like he’s scrapping for crumbs and shopping with a bridge card
https://www.thestreet.com/automotiv...'s new president,the UAW in strike assistance.