“The Cadillac of health-care plans is being traded in,” The New York Times cleverly stated last month, describing United Auto Workers union concessions to struggling General Motors. Too bad all the UAW did was trade in its old Cadillac for a new one with a few less frills. If it wants to survive long term, the UAW has to face reality, dump the Cadillac and start driving a bare-bones minivan like the rest of us middle-class folk. So far this year, GM has lost $3 billion, and it ...
Premium Content (PAID Subscription Required)
"UAW, Face Reality" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.