Jets Insider.com Forums - View Single Post - NYT: Big Three Failing b/c No One Buys thier cars

PlumberKhan · 12-15-2008, 10:27 AM

[QUOTE=BrooklynBound;2912524]I'm sure the picture would look different if benefits were taken into account, not just salary. Salary is only one component of the compensation. And legacy costs are the killer, they make up between $1,000-1,600 of every car GM sells. The Big 3 overpromised and underfunded.[/QUOTE]

Of course the "legacy" costs are different. I don't know if you remember or not...but our relationship with Japan used to be a bit more icy...because, I don't know...we fought a war against them. So they haven't been manufacturing cars in the US for as long, because Ford had plants here in the 40's and 50's while we had Japanese people in internment camps.

It's less "over promised" and more quantity. But nice try.

12-15-2008, 10:27 AM	#44
PlumberKhan BRACE YOURSELVES FOR 12... Hall Of Fame Join Date: Feb 2006 Location: Van down by the river Posts: 21,013	[QUOTE=BrooklynBound;2912524]I'm sure the picture would look different if benefits were taken into account, not just salary. Salary is only one component of the compensation. And legacy costs are the killer, they make up between $1,000-1,600 of every car GM sells. The Big 3 overpromised and underfunded.[/QUOTE] Of course the "legacy" costs are different. I don't know if you remember or not...but our relationship with Japan used to be a bit more icy...because, I don't know...we fought a war against them. So they haven't been manufacturing cars in the US for as long, because Ford had plants here in the 40's and 50's while we had Japanese people in internment camps. It's less "over promised" and more quantity. But nice try.