Sean McAlinden
Sean McAlinden
entire force happened labor turning
Turning over an entire labor force has never happened on this scale.
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The union talks a tough game, but I don't think they're going to let anyone walk out. Everybody is in the same lifeboat. They're not going to start to fence with each other in a rubber lifeboat.
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The scariest picture in town is the Hyundai Sonata. It's the best value in the automotive market. It has everything that a Honda Accord and a Toyota Camry has, and it's built in Alabama.
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So this brings up the natural question: Where the heck is the business? It's really not developing here.
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As Ford gets smaller, Michigan will get smaller. One hundred thousand people left the state in the last two years, and this will accelerate in the wake of Monday's announcement.
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This is an important first step in extending collaborative business practices and embracing globalization to ensure Michigan remains competitive in automotive technologies and labor education.
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They've closed the productivity gap wonderfully, but they had to do so, because it's the thing they could address.
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There will be another burst of gypsy moves. GM will have to move another 20,000 to 30,000 in the next two to three years. You're really going to have to get a lot of these people to retire or move back to Michigan and Ohio.
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This marks the end of 20th-century industrial America and maybe, finally, the beginning of 21st-century industrial America.
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They're liquidating, they firing, they're retiring. This is a GM that's getting in shape much faster than it's ever before, in any past restructuring.
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It really seems to infuriate a lot of Americans. They give the rich people that live on (bond) coupon clipping in resorts all over the world a full pass. But when some autoworker spends weeks or months on a system making that much money, it drives people crazy.