It is all wet,since big businesses when they file for bankruptcy,it is another ploy to vigorously restructure their infrastructure to compete with foreign competition,as American being foreign minded we buy up all that is foreign and scoff at what is made locally,but buying locally has a dual or triple effect,first as much as you buy it stimulate the local economy and reduce the deficit and we keep more jobs and quality of living stronger in the USA, with the introduction of WAL-mart and the demise of smaller grocery chains that paid better wages and better benefit,we fail to realize that the lust for cheap is realistically reducing the quality of living for all Americans,GM and FORD have no alternative but to restructure their benefit plans to remain more competitive in the world market,who takes the hit ,that right the standard of living and benefits that we were accustomed to since the founding fathers of the industries,gone are the bigger pensions and fringe benefits that go to people ,let,s invest in a line of robotics engineers,no more worker,s compensation and injury comp,we as consumers fail to realize that FORD and GM have set a standard in employee benefits better than the whole world in the automotive industry and because of the lopsided trade and product propaganda that was permitted in the 70,s and 80,s we have nationally screwed ourselves and are now reaping the consequences of it ,there is more to come,just wait and observe,delmy d
2006-09-28 00:24:59
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answer #1
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answered by delmy d 3
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Greetings!
For years their success was due to the fact they actually had the benefit of being merged, without the entity being legitimatized legally.
Let me explain. Up until the past twenty years most of the American cars, were American made. Then as the government began to move against labor unions, demonizing them because it was easy to muster votes,they began to outsource.
When you would pass by a manufactures facility, (any one of them) you would notice the parking lot full of workers cars. These cars were the handy work of different manufacturers thus the pseudo merger. Of course they were a result of good working wages.
When seemingly the nation took the outsourcing in stride, the auto makers continued to do more to increase their profits which resulted in management reaping landfall salaries. The politician profited from campaign contributions which bordered upon being criminal.
It was the people who lost.
Simple economics 101 should tell you if you build a plant in Viet Nam (Ford) or Argentina (GM) and sustain a pay for those workers there, then the American worker simply can't afford the cost of the car. Yet I suppose there are a lot of Fords running in the rice pattys of the deltas in Nam.
Good Luck
Today the phrase buy American is only relevant to greasing a politician.
2006-09-28 00:08:00
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answer #2
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answered by Anonymous
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Me and some of my friends have been talking about this. Even though it would be strange for 2 of the biggest competitors here in the states to be together, it would be better to do this and together forge a stronger company to compete in today's market. Still haven't figured out what the logo for this merger would look like though we had talked about the Chevy bow tie with the ford emblem in it, don't know.
2006-09-28 00:35:32
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answer #3
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answered by bigjg 2
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you take two companies in trouble and merge them, you now have one bigger company in trouble. I have worked in manufacturing more years than I want to remember and when things get tight moneywise, the product is never made better only cheaper which is another nail in the coffin. I fear the answere for ford and g.m. is bankrupcty
2006-09-28 00:59:23
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answer #4
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answered by bungee 6
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