Re: Hummer prices going up?
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Originally Posted by dkhummerh2
Yeah it's a joke. I know w guy that started a company making small misc. plastic parts for gm, including hummer. He pays his people around $7.50 an hour. Makes a killing because GM will gladly pay him a premium for the parts because they will still save a bundle because they would have to pay 2-3 times the labor that he does. I read that GM pays more for benifits per year than steel. Don't know if that is 100% true, but I bet that it is not far off.
dk
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I wouldnt doubt that it is true about the cost of benefits they have. Slowly but surely the unions will price themselves out of the market. Can you blame GM for outsourcing? I cant. They really have no choice in a competitive market.
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