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To: SmithL

If I was a shareholder, my position would be: oust the entire board of directors, and oust all top management.

To continue paying big bucks to people that kill the Camaro line with no replacement, that name cars "Lucerne," and that move at the speed of glaciers is stupid.


5 posted on 04/07/2006 4:06:27 PM PDT by truth_seeker
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To: truth_seeker
The Am auto industry has had a sweet heart contract deal since @ 1968. That contract guarantees them 85-90% salary when laid off. Consequently plants have been too costly to close because of having to pay employees. What has happened then is there is @ 10% of the auto work force on VOLUNTARY lay off. Some for as long as a year. My uncle is one of them. Blaming Mgmt is only a small part of the problem. The unions have caused a large part of the problem & they know it.
6 posted on 04/07/2006 4:48:04 PM PDT by CoRev
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