A work stoppage by nearly 150,000 UAW workers would result in an economic loss of more than $5 billion after 10 days, according to Anderson Economic Group.
  • ScoobyDoo27@lemm.ee
    271·
    1 year ago

    These companies have been doing so good lately with everyone only wanting trucks and SUV’s as there is insane markup on those types of vehicles. The companies can afford to pass along some of those profits to their workers.

    • waraukaeru@kbin.social
      18·
      1 year ago

      Trucks and SUVs are popular. But people do want economy cars-- they’ve just stopped selling them. These larger vehicles classify as light trucks and don’t have the same fuel economy and emissions regulations as reasonably-sized cars. It’s a big scam.

      • ScoobyDoo27@lemm.ee
        5·
        1 year ago

        People don’t want domestic economy cars. People who like domestic brands want trucks and SUV’s. People who want economy cars will pretty much only look at Honda/Toyota and both those manufacturers still make economy vehicles.

        I have never once seen someone online recommend a ford focus or Chevy cruze to anyone. It’s always a carolla/Camry or civic/accord.

    • menningeer@sh.itjust.works
      2·
      1 year ago

      The Big Three have profit sharing. From 2022 profits, GM employees received $12,750. Ford employees get $1,000 per $1 billion in North American pretax profit. Stellantis employees got $14,760.

    • bluGill@kbin.social
      23·
      1 year ago

      This is part of the ploy to continue that: get the employees to get pay from the union to carry signs for a few weeks. In the mean time they can sell what inventory they have at full price instead of discounts, and when inventory gets low enough they settle the contract and make more cars. there is probably some at GM who is looking at inventory levels (all those cars made in 2021 that didn’t get chips), and will make an unreasonable demand if it looks like the contract is close to being settled.

      This is why Just in Time is good: it forces companies to treat their people well so they are able to work when there is need.

  • Buelldozer@lemmy.today
    151·
    1 year ago

    Seriously, I’m a Capitalist (and a Classical Liberal) but why do these articles always talk about how much a labor action is going to cost a company but they never talk about how much the ongoing actions of the company have cost labor?

  • keeb420@kbin.social
    14·
    1 year ago

    Why is it always framed as the employees costing money? Employers that come to agreeable terms don’t cost the economy money.

  • alienanimals@lemmy.world
    13·
    1 year ago

    Corporate greed could cost them $5 billion in just 10 days.

    If they collaborated with the auto workers, there wouldn’t be an issue.

  • Erika2rsis@lemmy.blahaj.zone
    9·
    1 year ago

    I hope basically everyone goes on strike. The workers don’t even need to have any grievances, I just think it would be cool.

    • magnetosphere@kbin.social
      1·
      1 year ago

      The company I work for knows it’s an employees market. I’ve gotten two meaningful raises in the last year alone, because they’re desperate to keep people.