http://news.yahoo.com/s/ap/20081203/ap_on_bi_ge/autos_uaw

It look like the UAW can hear the axe is being sharped up…

Now let’s see where we full off the wagon, the trendy SUV, high gas price, the crash of the housing market, to mush credit, mostly all the refinancing going on, all of this hurt the Big 3, as for the Unions, how can you compete to a 12 to 1 work force ratio in Japan, that’s “12″ workers in Japan getting the pay of “1″ U.S. worker, How mush is that, HOW MUSH! Ya they can have better quality, they employ more people to over look the assembly line, it’s simple math.

At the end the U.S. auto makers will come out of this mess, how long, what brand they will cut, how many more dealers will close, who knows. Heck Pens** <(I’m can’t say the full name, company policy) just might close my store down and consolidate the other stores in the L.A. region, we just don’t know how more further down this will go,

All personal politics aside, it’s our new elected officials job to find a solution to this mess, who ever they be or in what office they sit, we need there help one way or the other, the unemployment rate is the biggest ever, every where you look stores are closing, on my block there is 8 abandon houses, gas is below $2.00 but people are still not topping off there tanks, and all sales are slow… every where.

It’s sad and upsetting, we have 3 college grads as part time interns and they still can’t find jobs, unless they are willing to go to India, before they were granted jobs with the company now they are talking about more cut backs, I don’t know what els to say, all that’s left is hope for the best, and expect the worse…..

I was not aware of people crying bankruptcy in 2005, not via media (WSJ, Economist etc) not otherwise. Perhaps you have access to the board the rest of us were denied.

For $4/galloon argument: it usually cost the same per gallon if you buy Toyota or Ford/GM/Chrysler. I never saw discount for Jap car owners.

“import humping consumer reports readers” have been buying imports (actually mostly made in US by jap brands for over 30 years. Since every household has at least 2 color TV’s made in Asia and still watches TVs same household can drive 2 cars made here by jap label. Earth will continue to spin and we’ll get over it. Mos of us wear pants (sometimes) and they are made in China. Yes, my nuts less comfortable sagging in those, but I refuse to go out without pants.

The beauty of our economy and social economic system, that we can loose industry and keep on going. We lost textiles, steel, appliances, electronics to name a few and country moving forth. Furthermore, with auto it is not a loss. Yes it is loss to shareholders of Small 2, but they already lost and discounted from this equation. We are dividing their property with an eye on providing some form of support to their employees who weren’t smart enough to fight off competition and make money for employer.

I just got done reading the bailout plan from GM, and I am not happy. I don’t support government intervention generally, but see the alternative is worse. GM has wasted BILLIONS on that Saturn line, and should jettison it at the first opportunity.

Meanwhile, all the import humping consumer reports readers should think about what effect their pruchasing decisions are making and maybe think about shopping for a domestic vehicle in the coming months. They might just be pleasantly surprised.

You can’t tell me that anyone in his right mind will buy anything from Saturn, unless it is on deeeeeep discount.

Public does not worry about GM bankruptcy, we already know that management will steal what’s not bolted to the floor and lock the doors. Rightful owners (those who own the stock) and creditors will be left holding their own genitalia. And this shall happen with or without bailout.

DB9