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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (440556)12/15/2008 12:06:17 PM
From: Tenchusatsu  Read Replies (2) of 1584759
 
Al, > Nothing positive of course, but my point is that business is lost more prevalently because, with the exception of large vehicles, they build a mix of dull, unremarkable product, and customers have come to think of them that way.

Any company will have to make up for higher costs and higher expenses with either higher quality output or higher productivity.

It's obvious that the per-car labor costs means the Big Three failed at higher productivity. Hence they'll have to make up for it in quality, which they also failed to do.

Either way, it's a dysfunctional business model. So now what? Management will have to work that out, but since the UAW is drawing a hard line, they are making themselves part of the problem instead of part of the solution. "Not MY job," say the union leaders whose first priority is the workers entitlements and not the workers' output. What to do then?

One thing is for sure, though. A bailout is not going to fix the problems. One poster here claimed it's "Pay them now OR pay them later," but it's actually going to be a case of "Pay them now AND pay them later" if we bail them out.

Tenchusatsu
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