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Non-Tech : GM - General Motors
GM 71.07+0.5%Nov 10 3:59 PM EST
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To: Thomas Haegin who wrote (108)7/28/1998 4:52:00 PM
From: M CAHILL  Read Replies (1) of 543
 
So who got the short end of the stick, GM or the Union?

Any thoughts on unions and companies moving factories overseas to take advantage of cheaper labor.

Why is the stock going up, because GM has the most room for improvement in profits? I read they take about 30 hours to make a car and lose money on each one. Other car companies are making cars in 18 - 22 hours and pocketing over $1000 per car.
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