in the NY Times about the car company costs. First of all, if you don't count the costs of retirees—which current workers obviously don't get as part of their pay package—labor costs for the big three are not that different from labor costs for Japanese automakers in the US. But even more striking, if you reduced the big three labor costs to Japanese levels, that would cut only $800 from the cost of each car. And that's because labor costs are only 10% of the cost of an automobile. That's amazing. Where does the rest of it go?
Thursday, December 11, 2008
Car company costs
David Leonhardt has a great article in the NY Times about the car company costs. First of all, if you don't count the costs of retirees—which current workers obviously don't get as part of their pay package—labor costs for the big three are not that different from labor costs for Japanese automakers in the US. But even more striking, if you reduced the big three labor costs to Japanese levels, that would cut only $800 from the cost of each car. And that's because labor costs are only 10% of the cost of an automobile. That's amazing. Where does the rest of it go?
in the NY Times about the car company costs. First of all, if you don't count the costs of retirees—which current workers obviously don't get as part of their pay package—labor costs for the big three are not that different from labor costs for Japanese automakers in the US. But even more striking, if you reduced the big three labor costs to Japanese levels, that would cut only $800 from the cost of each car. And that's because labor costs are only 10% of the cost of an automobile. That's amazing. Where does the rest of it go?
Subscribe to:
Post Comments (Atom)
1 comment:
MRS. IRENE QUERY FINANCE IS THE BEST PLACE TO GET A LOAN {mrsirenequery@gmail.com}
God bless you Mum, I will not stop telling the world about your kindness in my life, I am a single mum with kids to look after. My name is Mrs.Rachel Alex, and I am from Singapore . A couple of weeks ago My friend visited me and along our discussion she told me about MRS.IRENE QUERY FINANCE, that they can help me out of my financial situation, I never believed cause I have spend so much money on different loan lenders who did nothing other than running away with my money. I have been in a financial mess for the pass 7 months now,She advised I give it a try so I mailed her and explain all about my financial situation to her, she therefore took me through the loan process and gave me a loan of $180,000.00 at a very low interest rate of 3% and today I am a proud business owner and can now take good care of my kids, If you must contact any firm to get any amount of loan you need with a low interest rate of 3% and better repayment schedule, please contact MRS.IRENE QUERY FINANCE via email{mrsirenequery@gmail.com}
Post a Comment