Showing posts with label proxy wars. Show all posts
Showing posts with label proxy wars. Show all posts

Tuesday, May 11, 2010

Automakers competiveness

We have previously posted about American automakers being a proxy for organized labor. Now we find the bashing of American automakers also falling into the "facts matter" realm. Part of General Motor's turnaround is based on a real reduction of labor costs for hourly workers, according to the Center for Automotive research. In fact, in 2008, the average wage for hourly workers at GM was almost a thousand dollars a year lower than Toyota's average wage. Salaried workers at GM, however, averaged over $40,000 a year more than salaried workers at foreign automakers. This information strongly suggests it is not labor costs subject to collective bargaining which cause GM to be at a competitive disadvantage.

Wednesday, March 17, 2010

Toyota no hearts California

We have previously posted here and here about the silly attempt to make car manufacturers proxies in the Union/Anti union wars and in the red blue game. Bob Herbert's NYT opinion piece provides fuel and a black hat portrait of Toyota and its decision to close NUMMI and the impact of job losses in California.