Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (437578)	12/2/2008 1:58:52 PM
From: Road Walker	Read Replies (2) \| Respond to of 1573852

What's the average hourly wage at the big 3 compared to Toyota and Honda?

To: i-node who wrote (437578)	12/2/2008 4:16:34 PM
From: tejek	Read Replies (1) \| Respond to of 1573852

I keep saying this, but somehow, you just don't get it. ALL the OEMs are facing the same immediate crisis -- TM, Nissan, Hyundai, all of them. Yet, the others are not teetering on bankruptcy from it. Why? Because they have been more profitable over time. Why? Because they aren't dealing with the UAW. The fact that the foreign car companies are stealing share from the big three because their cars are better equipped, better designed and maintain better has nothing to do with it. Nope! Nada! Zilch!

To: i-node who wrote (437578)	12/2/2008 6:57:41 PM
From: Alighieri	1 Recommendation Read Replies (2) \| Respond to of 1573852

I know you think it is a marketing problem. After all, when the only tool you have is a hammer, everything looks like a nail. But those of us who understand the bigger picture don't have to blame marketing for all the industries' woes. The reality is that marketing IS a part of the problem long-term, but the immediate crisis is CAUSED by the labor unions. One last time...let's assume for a time that I buy your argument, and you magically made the unions disappear, and that resulted in a "level" cost field, their business model is shit. It is too tactical...let's take Nissan as an unscientific case study. Until a few years ago Nissan was in a world of trouble. Their line up was stale and unprofitable. They had taken on a lot of debt and they were losing market share to Toyota and Honda. Then they hired Carlos Ghosn, former CEO of Renault, with which Nissan had an alliance. Nissan was profitable within a couple of years. He promoted development of a new line of cars like the Altima and Maxima...very successful cars. They developed a 3.5liter engine that is unbelievable. They use it in all their cars...they tune it to >300hp for the 350Z and Infinity G series, and they tune it down to 260Hp for the Murano. I have one...it purrs like a a kitten and judging by my experience, it will go 200K miles no problem. I have 80k now, and I have never had to service it beyond oil changes. It is amazing..it sounds brand new after 80K miles. That's what wins man. This guy took a company that was sinking and turned it around. The same company...same workers, etc...it can be done, but it takes the right leadership and the right business plan, the right relationship with workers, suppliers, yada yada yada. PS: GM tried to hire this man and failed. Al