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Along with health care cost GM must also pay pensions
and the hourly wages of employee's. The average U.S. Auto worker makes
about 30 dollars an hour, more than a high school teacher who has went
to college for four years. GM needs to figure out a way to get back to
the bargaining table with the UAW and make a sensible contract before
September of 2007 that will help GM...
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Until then GM will stay on a
downward spiral making the same old boring cars due to the vast amount of
legacy issues zapping the funds for research and development of new
vehicles.
I wouldn't go as far to say that GM has bad car designers. Gm
makes fairly good vehicles ,but the legacy issue price tag added to the
cars sticker price is not allowing consumers to get the car they should
for the price...
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