Re: Automobiles
Missing the point. Domestic auto makers gripe is with organized labor not the laborers. If you do the research you will find the GM pays about 72 bucks and hour to every UAW worker. Now the UAW negotiated those terms and someone at GM signed off so there was and agreement. Now look at Toyota. Somewhere in the range of 27 bucks an hour and who thinks the toyota is lower in quality? GM has the second largest healthcare plan in the country behind the government. Thousands and thousands of these employees haven't turned a wrench since the 80's. The backside benefit packages are what is killing domestic automakers today. <br /><br />There isn't but a handfull of the tens of thousands of car salesmen who have a retirement/healthcare/pension plan even close to what the guys on the line have. And that is raising the cost of the product and making it more and more difficult to sell thus reducing commissions etc. These guys have to make their money on the front end of their working career and invest for the future as they don't have a cradle to grave union to oversee their retirement years. But hey, what an easy job. No way.<br /><br />With that said, I have yet to meet a car salesman that has done anything for me ever. I usually know what I want before arriving, how much it is worth and what I will pay. Then I spend an hour or so reading the fine print and correcting the "mistakes" in the contract they make that always end up in their favor. Last one tried to slip in a warranty and also tried to jack my interest rate by 4% while conveniently forgeting to provide my weekend vaction that was part of their promotion. I was fortunate that I had my red flair pen, to mark up the contract prior to purchasing. They really love me. <br /><br />Most of them know little about the product they are selling. Neat, I wish I had that luxury. Some sell flash, some concept sell, some comparison sell, some price point, The tough part is selling something that one hour after purchase loses usually about 15% of its value. It's an emotional purchase and I am just not an emotional purchaser.<br /><br />The unions did too good of a job negotiating back in the 6-7-80's and with the speed of the world market now impacting everyone in every product, they have left their benefactors twisting in the breeze. Not exactly their fault but don't blame the mfg'rs for trying to keep the doors open. If only for the salemen. <br /><br />QC did you work for Quinn Cat?