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

To: Jim McMannis who wrote (621264)	7/25/2011 10:04:47 AM
From: Brumar89	Read Replies (1) \| Respond to of 1578295

What is VW thinking? It looks as if VW is the likeliest foreign-owned “transplant” automaker to get unionized by the United Auto Workers. That would be because the German firm might not put up a fight, given its tradition of dealing with labor unions. … Here’s a question: Does VW think the UAW wants them to succeed? Why? VW is pursuing a high volume, low cost strategy in the U.S.. Should it work, a likely victim is Chevrolet. If Chevy fails, GM fails–and there are a lot more UAW workers and retirees dependent on GM than there will be on VW. … What’s more, the UAW doesn’t just have a lot of members at GM. It owns GM– 10% anyway, through its retiree benefits trust. The trust owns a much bigger share ( in the 40% range) of Chrysler, another VW competitor. If VW prevails in the market, those stakes might be worthless. … What’s that you say, the union would never kill off a carmaker that actually employed UAW workers just because a larger bunch of UAW members was threatened. Tell it to Saturn, whose Spring Hill plant, with relaxed work rules, threatened to embarrass other, less flexible UAW factories. … Oh, that’s right. There is no more Saturn. How did that happen? … P.S.: Right after it came out that the UAW was talking to VW about organizing the company’s new Chattanooga factory, VW’s corporate sibling Audi let it be known that it would seek to expand its production capacity–in Mexico. Don’t tell the NLRB. … Read more: dailycaller.com