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Non-Tech : GM - General Motors

GM 70.75

+2.8%

Nov 7 9:30 AM EST

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To: porcupine --''''> who wrote (77)	7/14/1998 3:53:00 PM
From: porcupine --''''>	Read Replies (2) of 543

More on GM's labor-cost disadvantage [this is just for parts alone and is large itself is enough to determine a car buyer's decision]: "Harbour and Associates, a manufacturing consulting firm in Troy, Mich., has calculated that G.M.'s average labor cost for the auto parts in each vehicle is $2,765, compared with $2,322 for Ford and $2,167 for Chrysler. Ford and Chrysler buy a slightly higher proportion of their parts from outside suppliers that pay lower wages, and also require fewer workers because they have invested in more modern equipment." See: nytimes.com

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