Break Out The Popcorn - UAW Scandals, Shrinking Sales And Plant Closures Will Make Union Contract Negotiations VERY Entertaining

The union will go after GM and that will be the end of GM. Someone like Geely will buy them.

The workers are raped because the union cares ONLY about funneling money to the Democrats. The union cares only about as a vehicle for cash grabbing.

If the workers were smart, they would move to decertify the union.

I'm praying for Trump to use this to turn the workers away from their Democrat indoctrination.

Lol. Sounds like you're the one who's indoctrinated.

Geely is tiny compared to GM. It's ridiculous to think they could ever make a bid. Even Subaru is much bigger.

God, you're stupid.

China--the country--is looking for acquisitions.

Geely--the company--has all the money China wants to put behind them.

Meanwhile, GM is staggering toward another potential bankruptcy where the company could be snapped up for pennies on the dollar.

GM made $11 billion in profits last year.

Yes - you're definitely indoctrinated.

And you're dumb. $11B is ONE new car design. They are in deep caca.

That's funny. No car has ever cost $11 billion to develop. Not even close.

Except maybe KITT.

Again you're completely wrong. A fresh-sheet design easily costs that much.

— MDarringer

Why do a fresh sheet design then? Toyota powertrains are as old as dirt and reliable as hell and they just reskin the vehicles reusing the same motor, tranny and electronics -why fix what isn't broken?

Seems to me to be a colossal waste of money and time always trying to reinvent the wheel and proving out new tech and working out the gremlins. Am I missing something here?

Entirely separate issue and therefore not germane.

Reusing parts would NOT constitute a new car.

You missed the point wildly by thinking your tangent disproves what I said.

Ironically, you are adding evidence to my side.

Maybe they will all go back to where they were born. He only wants white autoworkers.

GM is profitable and has been profitable for several years. It may cost $3 - 5 billion to create a new car however this is amortized over the life of the car and platform. The US congress would never allow a Chinese company to buy GM. GM also has defense contracts. There was considerable debate about allowing a Chinese Food company to buy Smithfield Foods.

It sounds like you all prefer the US downgrade to a thirdworld type culture like Cambodia, Mexico so that labor is cheap and top 1 percent own literally everything. Yee-Haw! MAGA Baby!!

Was reading an article about the weak German economy and how having union representation on the German big three auto makers' boards is causing severe problems in making investment decisions as the industry transitions to electric vehicles, autonomous driving and threats from Asia. May sound crazy but I could visualize a future auto industry that consolidates down to three manufacturers headquartered in all of Europe, one in the US, one in Korea, and one in Japan. China plays by different economic rules so who knows what happens there.

Then you have idiots like VW that give the union power in the decision making for the running of the company. #ConflictOfInterest

My guess is that FCA bolted when France--AKA je suis union--started making ridiculous demands from a place of codependent entitlement.

Actually having union representation on the board is not uncommon in European countries. The reasons are sound, the union then has ownership of the decisions and it is not an us verus them mindset. It also reduces the corruption.
VW has done very well the last 70 years.

That's because Europe believes in Socialism, but socialism inherently destroys the economy. The European auto industry--by some estimates--has up to 50% more capacity than it needs and that excess capacity is directly due to the greed of the unions and the lack of balls on the part of companies to tell them to #FOAD.