Lockout discussion thread 2.0
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11-21-2012, 04:15 PM
Join Date: May 2011
Location: Canberra, Australia
Originally Posted by
Individually, yes the Japanese and Germans were better paid but they also produced more cars per man hour of work than in North America... so their labour costs per vehicle were lower.
Some would argue it was mismanagement and others would argue that it was the burden of outrageous cost defined benefit pension plans and medical insurance plans that sunk the big three.
It is also ... Drumroll ... Inferior product design. Found on road dead, garbage motors, etc. Further, management is better paid at those less well run companies.
You should stop worshipping north American executives as if they are gods.
Last edited by DAChampion: 11-21-2012 at
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