<VV> Rick Wagoner's Editorial

Kent Sullivan kentsu at corvairkid.com
Mon Dec 12 21:12:21 EST 2005


The new-ish CEO of Delphi was the guest on Autoline Detroit this weekend on
Speed TV (repeats on Tuesday). Exccellent interview. He was very open about
Delphi's issues. One of them is that their "all in" labor cost (including
wages, overtime, benefits, and pension costs for retired folks) is $70+ per
hour. The industry average for auto parts suppliers was stated to be
something like $17/hour.

At that price, it's hard to compete.

--Kent
-----Original Message-----
From: virtualvairs-bounces at corvair.org
[mailto:virtualvairs-bounces at corvair.org] On Behalf Of Dave Keillor
Sent: Sunday, December 11, 2005 3:17 PM
To: virtualvairs at corvair.org
Subject: RE: <VV> Rick Wagoner's Editorial

The foreign companies have two things going for them in the area of health
care costs:
1. They don't have the large group of retiree that the domestics have, and
2. The domestics negotiated their health care provisions in an era of much
lower health care costs and an era where cradle-to-the-grave provision for
employees was considered a good thing.

Dave Keillor

-----Original Message-----
From: virtualvairs-bounces at corvair.org
[mailto:virtualvairs-bounces at corvair.org] On Behalf Of mhicks130 at cox.net
Sent: Sunday, December 11, 2005 4:42 PM
To: virtualvairs at corvair.org
Subject: Re: <VV> Rick Wagoner's Editorial

I don't get it, don't "foreign"  brand car companies that build and sell
cars here have to pay health care and aren't they subject to the same
litigation that GM is?  

mike

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