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

To: steve harris who wrote (438249)	12/4/2008 8:00:23 PM
From: Joe NYC	Read Replies (6) \| Respond to of 1574028

steve, Let's give Toyota, Honda, Nissan, and Hyundai 35 million and the keys to Detroit. I don't know if they would take it. Most of the assets of the big 3 are deployed in tough, anti-business climates, with union mentality workforce. It is like lepracy. Did you see my post recently how Honda dealt with that? Here it is: --------------------------------------------------------------------- Honda (HMC) dodges the UAW Posted Oct 10th 2007 9:31AM by Douglas McIntyre Filed under: Competitive strategy, Employees Neat trick. Build automotive plants where there are few UAW members. Honda (NYSE: HMC) appears to have it down to a science. According to The Wall Street Journal the Japanese car company recently built a plant in Indiana, but was only willing to hire employees from counties that outside the ones where "most of the state's thousands of unionized laid-off auto workers" were located. It seems that foreign car companies are adroit at avoiding geographic areas where the UAW has members or people are likely to organize. It may be why so many of these plants are located in the South. Right-to-work rules tend to be lenient there. Companies like Honda are willing to take local tax breaks, but often don't hire workers who may be inclined to join a union. There is a reason that most foreign car factories are not staffed by UAW members, and the move to locate in regions where worker's rights are modest may be a part of that. As the UAW slowly dies due to downsizing at big US car companies, it would be a huge benefit if it could organize workers in foreign car plants. But, one of the reasons that Japanese car companies have a lower-costs-per-vehicle is that they do not have the legacy pension costs that Detroit does. These costs are the byproduct of decades of living with the UAW. And, companies like Honda are not inviting the UAW in. bloggingstocks.com Joe