stdreb27
Active Member
Originally Posted by crimzy
http:///forum/post/2845865
You guys have to realize that this will affect far more than the big 3 employees around here. I agree with everyone that the major problem with the big 3 is that labor costs make it difficult or impossible for them to compete with the foreign companies. They probably have to sell 2-3 times as many vehicles to bring in the same profit.
However I'm torn because I have family and friends who work for the big 3. Imagine working for GM for 15 years, buying a house, starting a family and building a life. And now people are suggesting that the only way for you to keep your job is to cut your salary in half. I feel for these people.
Not to mention that, in areas of Michigan where a large percentage of the citizens work for the auto industry, the effects of a bankruptcy (or even a merger) will destroy many of the surrounding businesses. A lot of the restaurants, bars, retail stores, etc will no longer have a clientele. Fortunately I have security in my professional position, but trust me people, if you see 1 or more of the big 3 go down, Michigan will go into its own mini-depression. And it would be a very long time before this state could recover, as it's prominent industry for the past century will have failed.
And BTW, this isn't just a gift the companies are looking for. The assistance would be in the form of loans, which would be paid back with interest. Such an investment could be profitable for the US government.
In any event, I'm waiting for my Lincoln MKS... doing my part.
Who cares Michigan has been in the dumps for a while anyways?
On a serious note, what you're describing sure sounds a lot like the economic phylosophy of a certain president (at least the opposite), what was his name. He was this actor from California. Died, recently, won a real landslide 49 states...
Originally Posted by bionicarm
http:///forum/post/2845869
The only reason I'd hate to see the Big 3 fail is because of the trickle-down affect it'll have on all their suppliers.
That is it it was reagan. Oh Yeah, what is that about bottom up growth? There are alot of people on the bottom in Michigan, it should be growing.
CONNECT THE DOTS PEOPLE
Originally Posted by LKGRenegade22
http:///forum/post/2845950
I agree, but a year ago they were trying to gouge everyone they could.
The new thing I have noticed around here at the dealerships is they will put aftermarket parts on the cars/trucks (wheels, tint, grills, etc.) add a RIDICULOUS fee (usually about twice what the parts actually cost) on for those parts and retain the stock parts. One of my friends bought a California Special Roush GT Mustang a few months back and I went with him. They had tacked on 8K in Roush parts to the sticker. I told him he should ask and get the stock stuff with the car since it came on it and they did not take any price off the aftermarket parts. He mentioned it, said he wanted his stock rims and stuff and they look lost. Said nobody had every had that request before. I was like GTFO, he's paying for the stuff in the original sticker price, it's his.
I do think that dealer practices have contributed to the problem. They are pretty much crooks. But when you roll them they get ticked off. When I got my car, (my dad worked for the bank at the time) so he went in and spoke with the loan officer. That guy explained how to worked to my dad and what they were willing to loan. Which was trade in value. The dealer also got a "finders fee of about a grand" so we went back in to negotiate. We said we aren't paying what you want us to pay this is what we are going to pay. Told him what he'd make on the car. And take it or leave it. He moaned groan screamed lied bit and scratched. Finally we started to walk. And he suddenly said well wait. Talked it over. And said ok. It was rediculous. Complete waste of my time. He should have just said, let me speak with the boss and make their decision.
http:///forum/post/2845865
You guys have to realize that this will affect far more than the big 3 employees around here. I agree with everyone that the major problem with the big 3 is that labor costs make it difficult or impossible for them to compete with the foreign companies. They probably have to sell 2-3 times as many vehicles to bring in the same profit.
However I'm torn because I have family and friends who work for the big 3. Imagine working for GM for 15 years, buying a house, starting a family and building a life. And now people are suggesting that the only way for you to keep your job is to cut your salary in half. I feel for these people.
Not to mention that, in areas of Michigan where a large percentage of the citizens work for the auto industry, the effects of a bankruptcy (or even a merger) will destroy many of the surrounding businesses. A lot of the restaurants, bars, retail stores, etc will no longer have a clientele. Fortunately I have security in my professional position, but trust me people, if you see 1 or more of the big 3 go down, Michigan will go into its own mini-depression. And it would be a very long time before this state could recover, as it's prominent industry for the past century will have failed.
And BTW, this isn't just a gift the companies are looking for. The assistance would be in the form of loans, which would be paid back with interest. Such an investment could be profitable for the US government.
In any event, I'm waiting for my Lincoln MKS... doing my part.
Who cares Michigan has been in the dumps for a while anyways?
On a serious note, what you're describing sure sounds a lot like the economic phylosophy of a certain president (at least the opposite), what was his name. He was this actor from California. Died, recently, won a real landslide 49 states...
Originally Posted by bionicarm
http:///forum/post/2845869
The only reason I'd hate to see the Big 3 fail is because of the trickle-down affect it'll have on all their suppliers.
That is it it was reagan. Oh Yeah, what is that about bottom up growth? There are alot of people on the bottom in Michigan, it should be growing.
CONNECT THE DOTS PEOPLE
Originally Posted by LKGRenegade22
http:///forum/post/2845950
I agree, but a year ago they were trying to gouge everyone they could.
The new thing I have noticed around here at the dealerships is they will put aftermarket parts on the cars/trucks (wheels, tint, grills, etc.) add a RIDICULOUS fee (usually about twice what the parts actually cost) on for those parts and retain the stock parts. One of my friends bought a California Special Roush GT Mustang a few months back and I went with him. They had tacked on 8K in Roush parts to the sticker. I told him he should ask and get the stock stuff with the car since it came on it and they did not take any price off the aftermarket parts. He mentioned it, said he wanted his stock rims and stuff and they look lost. Said nobody had every had that request before. I was like GTFO, he's paying for the stuff in the original sticker price, it's his.
I do think that dealer practices have contributed to the problem. They are pretty much crooks. But when you roll them they get ticked off. When I got my car, (my dad worked for the bank at the time) so he went in and spoke with the loan officer. That guy explained how to worked to my dad and what they were willing to loan. Which was trade in value. The dealer also got a "finders fee of about a grand" so we went back in to negotiate. We said we aren't paying what you want us to pay this is what we are going to pay. Told him what he'd make on the car. And take it or leave it. He moaned groan screamed lied bit and scratched. Finally we started to walk. And he suddenly said well wait. Talked it over. And said ok. It was rediculous. Complete waste of my time. He should have just said, let me speak with the boss and make their decision.
