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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (486)6/7/2005 10:38:28 AM
From: richardred  Read Replies (1) | Respond to of 541477
 
I see it as newer foreign car companies such as Hyundai don't have to deal with the volume of retirement costs such as medical expense for retirees. A definite advantage to newer producers of cars.



To: Lane3 who wrote (486)6/8/2005 7:57:41 PM
From: TimF  Respond to of 541477
 
I don't see why cars manufactured in the US would vary much given that almost all of the labor (the recipients of health care) would occur here.

1 - Different union agreements. The "Big 3" have some heavy expenses locked in to those agreements.

2 - The companies that started manufacturing more recently don't have a problem with retiree costs yet.

Tim


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