Originally Posted by JKim
I think the main reason why U.S auto manufactures are loosing to the Asian manufacturers is because of their employee's. U.S auto factory workers are older and demand health care and other benefits, while Asian factory workers are younger.
I read in Time magazine that it costs GM 1500$ for every employee as compared to 300$ for toyota. Thats why GM is cutting back on their workforce and alot of people are getting laid off.
What good was an employee discount...when you don't have a job? Irony...