GM Inside News Forum - View Single Post

mjd1001 · 06-07-2005, 12:51 PM

Leverage is a key isssue here. I'm sure a strike would still shut down most of GM's operatoins if things get ugly, but it may not be 100% crippling like it would have bee 10-15-20 years ago.

Now more than then, GM has more parts produced oversees, engines (GM just announced last week I think of building more engine plants in China..and the 3.4 is built there already), and some cars are even totally produced in other countries (Canada and Mexico). Lets not forget about Holden in Australia, where the GTO comes from.

By late 2007-2008, GM may be able to produce a trickle of cars even if the unions shut down North American operations. If not...like someone else said...they are close to losing money on their cars now...if the workers strike...then they don't have to pay them.

06-07-2005, 12:51 PM	#12 (permalink)
mjd1001 4.4 Liter Supercharged Northstar Join Date: Apr 2003 Location: Daytona Beach, FL and Upstate NY Drives: 2008 Saturn Vue Redline Posts: 2,637	Re: Wagner announces GM layoffs Leverage is a key isssue here. I'm sure a strike would still shut down most of GM's operatoins if things get ugly, but it may not be 100% crippling like it would have bee 10-15-20 years ago. Now more than then, GM has more parts produced oversees, engines (GM just announced last week I think of building more engine plants in China..and the 3.4 is built there already), and some cars are even totally produced in other countries (Canada and Mexico). Lets not forget about Holden in Australia, where the GTO comes from. By late 2007-2008, GM may be able to produce a trickle of cars even if the unions shut down North American operations. If not...like someone else said...they are close to losing money on their cars now...if the workers strike...then they don't have to pay them.