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Originally Posted by jacko
Really had nothing to do with supplier integration.....although it really is smart.
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Sorry, I misunderstood. You said listen to the last statement made, which was:
"Sources in Dearborn say privately that this is the sort of facility Ford would love to build in the U.S. if only the UAW, historically averse to this sort of supplier integration, would allow it."
The tail wags the dog. The company wants to do something, but the union representing employees won't allow it.
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Originally Posted by jacko
It has more to do with cost of production and employee costs.
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Cost of production should be pretty similar, but employee costs are very high in the U.S. Between meeting government obligations around taxes and employee-related regulations, and the unions with their demands it's no wonder manufacturing in the U.S. is not competitive.
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Originally Posted by jacko
The Unions are being used to drive US manufacturing out of the country, this is by design, transfer of wealth..
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That actually is one theory with some very valid data points. But I guarantee you those who belong to unions, virtually all of them anyway, have no clue what's going on politically and do what their union reps tell them in order to keep their job.
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Originally Posted by jacko
GM is looking for an international buyer...they are building up the stock value as they are courting buyers.
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Did that potential deal with China fall through or are they still working on it?
It bears mentioning that today GM sells more cars in China than in the U.S. If currency wars escalate (which they will), China may squeeze U.S. imports thus hurting GM.
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