A good read. He makes some valid points, the funny part is that Ford did NOT take any bailout money (I only drive F-150's thank you very much!). They made all the necessary changes without needing anyone to tell them how to do it. GM and Chrysler were totally different, with the various entities they held that were putting a very negative balance on their sheets, which needed to be shed.
What's sad is that now Ford starts guys at $14/hr.....take out taxes and union dues, and there isn't much left. My best friend works on the line, he didn't take the buyout, and makes a nice amount of money to live on. You couldn't do that now there, but what happened had to I guess.
I'm still laughing at those clowns showing up in private jets to their congressional hearings the first time.....hilarious!
And as far as making less high end options on the cars to compete.....he couldn't be more wrong. The new F150's are almost $50k and are selling so fast they can't build them quick enough. Chrysler is killing it with that new 300 they made (I think thats the one that Emenim was in the ad for). That one is stacked with options, and is one of the most popular cars on the road.
What we need, as we say here in auto land is for people driving imports to at least think twice about what they're buying, and have some shame about driving them in Michigan. You should see the bumper stickers around here now, it pretty funny making fun of foreign car owners.
no offense to the thousands of people here driving foreign cars, yes I know most of them are assembled here.....for $12/hr.