Bush considering 'orderly' auto bankruptcy - Page 8 - Mercedes-Benz Forum

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post #71 of 74 (permalink) Old 12-19-2008, 05:41 PM
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I think that was accurate in the 60s and 70s, and even in pockets of the 90s when the companies were making very good money. The UAW took advantage of poor management and took advantage of market conditions.

But in the past decade the UAW has been pretty cooperative with the restructuring of contracts and reconfiguration of things. Considering that the US labor force was forced to eat a shit sandwich by NAFTA they have been pretty good this past decade.
I just read unit production has been dropping (~ 30 %from the chart) over the past few years so the restructuring was likely mandatory.
Planned Q1 2009 production is a 50% DROP from q1 2008 !!!
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post #72 of 74 (permalink) Old 12-19-2008, 05:49 PM
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I just read unit production has been dropping (~ 30 %from the chart) over the past few years so the restructuring was likely mandatory.
Planned Q1 2009 production is a 50% DROP from q1 2008 !!!
That production drop, and it is coming for Big3, Toyota, Honda, Mercedes, Bimmer pretty much is impacting everyone. The folks that really will be hit are the remaining suppliers that have been leaned out in the past few years as it is.

But no, that restructuring would not have been mandatory. The union COULD have held the company to CONTRACT plus, the production changes were not even thought of [as the recession was not in full motion] when these restructurings were worked out in 2006-2007. I think there was a previous on in 2004-2005 also for three total.

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post #73 of 74 (permalink) Old 12-23-2008, 05:43 PM
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post #74 of 74 (permalink) Old 12-23-2008, 06:00 PM
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