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Originally Posted by saden1
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Before busting 8588s chops you probably should've done a little more homework. He is much closer to being correct on this point than you. While the worldwide sales and employee numbers are the same you forgot the most important number....I know this is hard for a lefty to comprehend....profits. GM = - $2B, Toyota = + $ 13B.
You should also read this article from AutoObserver/Edmunds, a non-politcal source:
So, Toyota’s No. 1. What Now GM? - Auto Observer
The article mentions exactly what 8588 is talking about. From the article:
North America: GM’s Challenge
Still, North America is GM’s home base, and the carmaker has its work cut out for it here.
It’s still got too many employees -– both salaried and hourly –- in its ranks. Clearly, GM needs a favorable contract with the UAW this fall and could use some help on health care issues, as the entire country could.
But it’s also got bloated ranks of salaried employees, many of the complacent and adding no value; in fact, they may well be hindering value. Only yesterday, hours after the “Toyota surpasses GM” announcement, I sat at a high school sporting event with a GM employee. He was telling me about co-workers just putting in their time until they were offered a buyout or were due for retirement. One, that very afternoon, was seeking out a quiet spot for an afternoon siesta, he told me. GM, get rid of them!
I don't have any experience in the auto industry, but I have extensive experience in the telecom/networking industry and I can tell you with 100% certainty, whenever I was pricing a project that involved union workers I knew my cost would be significantly higher, the rules/regs would be much more difficult to navigate, and the customer would ultimately be at the mercy of the "union rules". I always avoided using union labor after a couple of bad experiences.
Were the unions a good thing back in the first half of the 1900s, absolutely. Today the free market is the best way to determine wages and pricing. That's why a vast majority of US workers are non-union, and companies cannot be competitive with union workers. You and the left may not like it, but that's reality.