Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (438617)	12/5/2008 6:50:14 PM
From: Joe NYC	Read Replies (1) of 1574261

Ted, Legacy costs are not costs incurred making the car itself. They are overhead costs like the rent on an office building or factory......they can not be attributed to the current labor force at GM. You are confusing things again. Look at David's posts on what legacy costs are, and how they figure into the $73 cost. No it is not. The UAW has agreed to change the terms of that contract. "Agreed to" verbally means nothing. The existing contract is still in effect. Joe

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