| Author |
Message |
Philip
Guest
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 Posted:
Mon Nov 21, 2005 8:22 pm Post subject:
GM leaving town |
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NEW YORK (MarketWatch) -- General Motors (GM) Monday said it now plans to
eliminate 30,000 manufacturing positions from 2005 through 2008 as part of
an effort to reduce its assembly capacity in North America. It expects the
staff reduction to come mostly through attrition and early retirees. The
figure represents an increase of 5,000 jobs from its previous plan to cut
25,000 positions in the three-year period. The company expects to reduce
capacity by an additional 1 million units by the end of 2008, bringing its
target down to 4.2 million units, a level that would represent a 30%
decrease from 2002 levels. The Dow component expects to record a
"significant" restructuring charge in relation to this effort. GM lifted its
target for structural cost reductions to $6 billion by the end of 2006 from
a previously indicated level of $5 billion. It also is targeting an
additional $1 billion in net material cost savings.
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Bob Bitch'n
Guest
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| Posted:
Mon Nov 21, 2005 8:39 pm Post subject:
Re: GM leaving town |
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More info at:
http://www.detnews.com/2005/autosinsider/0511/21/0auto-389019.htm
Bob
"Philip" <1chip-state1@earthlink.net> wrote in message
news:TKkgf.3667$N45.3331@newsread1.news.atl.earthlink.net...
| Quote: |
NEW YORK (MarketWatch) -- General Motors (GM) Monday said it now plans to
eliminate 30,000 manufacturing positions from 2005 through 2008 as part of
an effort to reduce its assembly capacity in North America. It expects the
staff reduction to come mostly through attrition and early retirees. The
figure represents an increase of 5,000 jobs from its previous plan to cut
25,000 positions in the three-year period. The company expects to reduce
capacity by an additional 1 million units by the end of 2008, bringing its
target down to 4.2 million units, a level that would represent a 30%
decrease from 2002 levels. The Dow component expects to record a
"significant" restructuring charge in relation to this effort. GM lifted
its target for structural cost reductions to $6 billion by the end of 2006
from a previously indicated level of $5 billion. It also is targeting an
additional $1 billion in net material cost savings.
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Philip
Guest
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| Posted:
Mon Nov 21, 2005 8:42 pm Post subject:
Re: GM leaving town |
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Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high labor, pension, health care and materials
costs as well as by sagging demand for sport utility vehicles, its longtime
cash cows, and by bloated plant capacity. Its market share has been eroded
by competition from Asian automakers led by Toyota Motor Corp."
-Philip
| Quote: | "Bob Bitch'n" <Bob@RobertBitch'n.com> wrote in message
news:sZkgf.4213$pF.3186@fed1read04...
More info at:
http://www.detnews.com/2005/autosinsider/0511/21/0auto-389019.htm
Bob
"Philip" <1chip-state1@earthlink.net> wrote in message
news:TKkgf.3667$N45.3331@newsread1.news.atl.earthlink.net...
NEW YORK (MarketWatch) -- General Motors (GM) Monday said it now plans to
eliminate 30,000 manufacturing positions from 2005 through 2008 as part
of an effort to reduce its assembly capacity in North America. It expects
the staff reduction to come mostly through attrition and early retirees.
The figure represents an increase of 5,000 jobs from its previous plan to
cut 25,000 positions in the three-year period. The company expects to
reduce capacity by an additional 1 million units by the end of 2008,
bringing its target down to 4.2 million units, a level that would
represent a 30% decrease from 2002 levels. The Dow component expects to
record a "significant" restructuring charge in relation to this effort.
GM lifted its target for structural cost reductions to $6 billion by the
end of 2006 from a previously indicated level of $5 billion. It also is
targeting an additional $1 billion in net material cost savings.
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Hachiroku
Guest
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| Posted:
Tue Nov 22, 2005 6:11 am Post subject:
Re: GM leaving town |
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On Mon, 21 Nov 2005 14:42:19 +0000, Philip wrote:
| Quote: | Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high labor, pension, health care and materials
costs as well as by sagging demand for sport utility vehicles, its longtime
cash cows, and by bloated plant capacity. Its market share has been eroded
by competition from Asian automakers led by Toyota Motor Corp."
-Philip
|
How about, GM lost market share by building cars with cheap feeling
controls and inferior materials?
--
If a Vegetarian eats vegetables, what does a humanitarian eat? |
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Learning Richard
Guest
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| Posted:
Tue Nov 22, 2005 9:19 am Post subject:
Re: GM leaving town |
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Philip wrote:
| Quote: | Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high
|
Lying, disgusting, pig-headed, greedy, foul REPUBLICAN LIARS WHO pay
themselves salaries in THE MILLIONS WHILE THEY DONATE TO FUCKERS LIKE
TOM DELAY AND STOMP THE MIDDLE CLASS INTO SLAVERY. |
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Sharx35
Guest
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| Posted:
Tue Nov 22, 2005 4:43 pm Post subject:
Re: GM leaving town |
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"Learning Richard" <learningrichard@gmail.com> wrote in message
news:1132630591.780972.286300@g44g2000cwa.googlegroups.com...
| Quote: |
Philip wrote:
Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high
Lying, disgusting, pig-headed, greedy, foul REPUBLICAN LIARS WHO pay
themselves salaries in THE MILLIONS WHILE THEY DONATE TO FUCKERS LIKE
TOM DELAY AND STOMP THE MIDDLE CLASS INTO SLAVERY.
|
So, unlearned dick, why did you drop out of Grade 6?
> |
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B a r r y
Guest
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| Posted:
Tue Nov 22, 2005 6:24 pm Post subject:
Re: GM leaving town |
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Hachiroku wrote:
| Quote: |
How about, GM lost market share by building cars with cheap feeling
controls and inferior materials?
|
How many times has an owner or manager of a poorly operated small
business been quoted as saying "The economy killed my business"? <G>
GM's management must have gone to the same schools as those managing
many airlines, phone companies, etc...
Economies don't kill businesses, managers do. |
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Art
Guest
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| Posted:
Tue Nov 22, 2005 7:58 pm Post subject:
Re: GM leaving town |
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They were crippled by making lousy cars for the last 30 years. They would
have been helped out if they had let Clinton come up with a national health
plan. They got theirs.
"Philip" <1chip-state1@earthlink.net> wrote in message
news:f1lgf.1647$aA2.387@newsread2.news.atl.earthlink.net...
| Quote: | Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high labor, pension, health care and materials
costs as well as by sagging demand for sport utility vehicles, its
longtime cash cows, and by bloated plant capacity. Its market share has
been eroded by competition from Asian automakers led by Toyota Motor
Corp."
-Philip
"Bob Bitch'n" <Bob@RobertBitch'n.com> wrote in message
news:sZkgf.4213$pF.3186@fed1read04...
More info at:
http://www.detnews.com/2005/autosinsider/0511/21/0auto-389019.htm
Bob
"Philip" <1chip-state1@earthlink.net> wrote in message
news:TKkgf.3667$N45.3331@newsread1.news.atl.earthlink.net...
NEW YORK (MarketWatch) -- General Motors (GM) Monday said it now plans
to eliminate 30,000 manufacturing positions from 2005 through 2008 as
part of an effort to reduce its assembly capacity in North America. It
expects the staff reduction to come mostly through attrition and early
retirees. The figure represents an increase of 5,000 jobs from its
previous plan to cut 25,000 positions in the three-year period. The
company expects to reduce capacity by an additional 1 million units by
the end of 2008, bringing its target down to 4.2 million units, a level
that would represent a 30% decrease from 2002 levels. The Dow component
expects to record a "significant" restructuring charge in relation to
this effort. GM lifted its target for structural cost reductions to $6
billion by the end of 2006 from a previously indicated level of $5
billion. It also is targeting an additional $1 billion in net material
cost savings.
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Art
Guest
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| Posted:
Tue Nov 22, 2005 8:00 pm Post subject:
Re: GM leaving town |
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Exactly. In my father's 2004 Saturn, the hood release feels it will break
off just about the point when the hood finally opens. I'm sure someday it
will. Of course the engine has no low end torque, the cooling fans make the
engine sound like a truck and theres plenty more. Makes my Avalon look and
feel like the best car on the road.
"Hachiroku" <Trueno@ae86.GTS> wrote in message
news:pan.2005.11.22.00.12.14.418332@ae86.GTS...
| Quote: | On Mon, 21 Nov 2005 14:42:19 +0000, Philip wrote:
Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high labor, pension, health care and materials
costs as well as by sagging demand for sport utility vehicles, its
longtime
cash cows, and by bloated plant capacity. Its market share has been
eroded
by competition from Asian automakers led by Toyota Motor Corp."
-Philip
How about, GM lost market share by building cars with cheap feeling
controls and inferior materials?
--
If a Vegetarian eats vegetables, what does a humanitarian eat?
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.dbu.
Guest
|
| Posted:
Tue Nov 22, 2005 8:11 pm Post subject:
Re: GM leaving town |
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|
In article <OtFgf.4148$wf.90@newsread3.news.atl.earthlink.net>,
"Art" <begunaNOSPAMPLEASE@mindspring.com> wrote:
| Quote: | They were crippled by making lousy cars for the last 30 years. They would
have been helped out if they had let Clinton come up with a national health
plan. They got theirs.
|
Another foolish statement by Art.
| Quote: |
"Philip" <1chip-state1@earthlink.net> wrote in message
news:f1lgf.1647$aA2.387@newsread2.news.atl.earthlink.net...
Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high labor, pension, health care and materials
costs as well as by sagging demand for sport utility vehicles, its
longtime cash cows, and by bloated plant capacity. Its market share has
been eroded by competition from Asian automakers led by Toyota Motor
Corp."
-Philip
"Bob Bitch'n" <Bob@RobertBitch'n.com> wrote in message
news:sZkgf.4213$pF.3186@fed1read04...
More info at:
http://www.detnews.com/2005/autosinsider/0511/21/0auto-389019.htm
Bob
"Philip" <1chip-state1@earthlink.net> wrote in message
news:TKkgf.3667$N45.3331@newsread1.news.atl.earthlink.net...
NEW YORK (MarketWatch) -- General Motors (GM) Monday said it now plans
to eliminate 30,000 manufacturing positions from 2005 through 2008 as
part of an effort to reduce its assembly capacity in North America. It
expects the staff reduction to come mostly through attrition and early
retirees. The figure represents an increase of 5,000 jobs from its
previous plan to cut 25,000 positions in the three-year period. The
company expects to reduce capacity by an additional 1 million units by
the end of 2008, bringing its target down to 4.2 million units, a level
that would represent a 30% decrease from 2002 levels. The Dow component
expects to record a "significant" restructuring charge in relation to
this effort. GM lifted its target for structural cost reductions to $6
billion by the end of 2006 from a previously indicated level of $5
billion. It also is targeting an additional $1 billion in net material
cost savings.
-- |
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Bob Bitch'n
Guest
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| Posted:
Tue Nov 22, 2005 8:39 pm Post subject:
Re: GM leaving town |
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|
It only sounds foolish if you are asleep or not paying attention.
Bob
".dbu." <foolishlefties@Zapem.com> wrote in message
news:foolishlefties-6E49BF.08112022112005@news-rdr-01.rdc-kc.rr.com...
| Quote: | In article <OtFgf.4148$wf.90@newsread3.news.atl.earthlink.net>,
"Art" <begunaNOSPAMPLEASE@mindspring.com> wrote:
They were crippled by making lousy cars for the last 30 years. They
would
have been helped out if they had let Clinton come up with a national
health
plan. They got theirs.
Another foolish statement by Art.
"Philip" <1chip-state1@earthlink.net> wrote in message
news:f1lgf.1647$aA2.387@newsread2.news.atl.earthlink.net...
Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high labor, pension, health care and materials
costs as well as by sagging demand for sport utility vehicles, its
longtime cash cows, and by bloated plant capacity. Its market share has
been eroded by competition from Asian automakers led by Toyota Motor
Corp."
-Philip
"Bob Bitch'n" <Bob@RobertBitch'n.com> wrote in message
news:sZkgf.4213$pF.3186@fed1read04...
More info at:
http://www.detnews.com/2005/autosinsider/0511/21/0auto-389019.htm
Bob
"Philip" <1chip-state1@earthlink.net> wrote in message
news:TKkgf.3667$N45.3331@newsread1.news.atl.earthlink.net...
NEW YORK (MarketWatch) -- General Motors (GM) Monday said it now
plans
to eliminate 30,000 manufacturing positions from 2005 through 2008 as
part of an effort to reduce its assembly capacity in North America.
It
expects the staff reduction to come mostly through attrition and
early
retirees. The figure represents an increase of 5,000 jobs from its
previous plan to cut 25,000 positions in the three-year period. The
company expects to reduce capacity by an additional 1 million units
by
the end of 2008, bringing its target down to 4.2 million units, a
level
that would represent a 30% decrease from 2002 levels. The Dow
component
expects to record a "significant" restructuring charge in relation to
this effort. GM lifted its target for structural cost reductions to
$6
billion by the end of 2006 from a previously indicated level of $5
billion. It also is targeting an additional $1 billion in net
material
cost savings.
--
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Philip
Guest
|
| Posted:
Tue Nov 22, 2005 10:12 pm Post subject:
Re: GM leaving town |
|
|
"Learning Richard" <learningrichard@gmail.com> wrote in message
news:1132630591.780972.286300@g44g2000cwa.googlegroups.com...
| Quote: |
Philip wrote:
Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high
Lying, disgusting, pig-headed, greedy, foul REPUBLICAN LIARS WHO pay
themselves salaries in THE MILLIONS WHILE THEY DONATE TO FUCKERS LIKE
TOM DELAY AND STOMP THE MIDDLE CLASS INTO SLAVERY.
|
There are MORE and RICHER Democrats in Congress having achieved that wealth
at the public trough than Republicans. :^) |
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Philip
Guest
|
| Posted:
Tue Nov 22, 2005 10:12 pm Post subject:
Re: GM leaving town |
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|
If the garbage you just spewed had come to pass, then WE the Taxpayers would
be funding those 'rich' Union medical benefits. A corporate welfare subsidy
by us taxpayers.
"Art" <begunaNOSPAMPLEASE@mindspring.com> wrote in message
news:OtFgf.4148$wf.90@newsread3.news.atl.earthlink.net...
| Quote: | They were crippled by making lousy cars for the last 30 years. They would
have been helped out if they had let Clinton come up with a national
health plan. They got theirs.
"Philip" <1chip-state1@earthlink.net> wrote in message
news:f1lgf.1647$aA2.387@newsread2.news.atl.earthlink.net...
Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high labor, pension, health care and materials
costs as well as by sagging demand for sport utility vehicles, its
longtime cash cows, and by bloated plant capacity. Its market share has
been eroded by competition from Asian automakers led by Toyota Motor
Corp."
-Philip
"Bob Bitch'n" <Bob@RobertBitch'n.com> wrote in message
news:sZkgf.4213$pF.3186@fed1read04...
More info at:
http://www.detnews.com/2005/autosinsider/0511/21/0auto-389019.htm
Bob
"Philip" <1chip-state1@earthlink.net> wrote in message
news:TKkgf.3667$N45.3331@newsread1.news.atl.earthlink.net...
NEW YORK (MarketWatch) -- General Motors (GM) Monday said it now plans
to eliminate 30,000 manufacturing positions from 2005 through 2008 as
part of an effort to reduce its assembly capacity in North America. It
expects the staff reduction to come mostly through attrition and early
retirees. The figure represents an increase of 5,000 jobs from its
previous plan to cut 25,000 positions in the three-year period. The
company expects to reduce capacity by an additional 1 million units by
the end of 2008, bringing its target down to 4.2 million units, a level
that would represent a 30% decrease from 2002 levels. The Dow component
expects to record a "significant" restructuring charge in relation to
this effort. GM lifted its target for structural cost reductions to $6
billion by the end of 2006 from a previously indicated level of $5
billion. It also is targeting an additional $1 billion in net material
cost savings.
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Philip
Guest
|
| Posted:
Tue Nov 22, 2005 10:13 pm Post subject:
Re: GM leaving town |
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|
It sounds foolish if you're asleep ... and pencils out as hideously
expensive when you're awake.
"Bob Bitch'n" <Bob@RobertBitch'n.com> wrote in message
news:i3Ggf.4724$pF.101@fed1read04...
| Quote: | It only sounds foolish if you are asleep or not paying attention.
Bob
".dbu." <foolishlefties@Zapem.com> wrote in message
news:foolishlefties-6E49BF.08112022112005@news-rdr-01.rdc-kc.rr.com...
In article <OtFgf.4148$wf.90@newsread3.news.atl.earthlink.net>,
"Art" <begunaNOSPAMPLEASE@mindspring.com> wrote:
They were crippled by making lousy cars for the last 30 years. They
would
have been helped out if they had let Clinton come up with a national
health
plan. They got theirs.
Another foolish statement by Art.
"Philip" <1chip-state1@earthlink.net> wrote in message
news:f1lgf.1647$aA2.387@newsread2.news.atl.earthlink.net...
Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high labor, pension, health care and
materials
costs as well as by sagging demand for sport utility vehicles, its
longtime cash cows, and by bloated plant capacity. Its market share
has
been eroded by competition from Asian automakers led by Toyota Motor
Corp."
-Philip
"Bob Bitch'n" <Bob@RobertBitch'n.com> wrote in message
news:sZkgf.4213$pF.3186@fed1read04...
More info at:
http://www.detnews.com/2005/autosinsider/0511/21/0auto-389019.htm
Bob
"Philip" <1chip-state1@earthlink.net> wrote in message
news:TKkgf.3667$N45.3331@newsread1.news.atl.earthlink.net...
NEW YORK (MarketWatch) -- General Motors (GM) Monday said it now
plans
to eliminate 30,000 manufacturing positions from 2005 through 2008
as
part of an effort to reduce its assembly capacity in North America.
It
expects the staff reduction to come mostly through attrition and
early
retirees. The figure represents an increase of 5,000 jobs from its
previous plan to cut 25,000 positions in the three-year period. The
company expects to reduce capacity by an additional 1 million units
by
the end of 2008, bringing its target down to 4.2 million units, a
level
that would represent a 30% decrease from 2002 levels. The Dow
component
expects to record a "significant" restructuring charge in relation
to
this effort. GM lifted its target for structural cost reductions to
$6
billion by the end of 2006 from a previously indicated level of $5
billion. It also is targeting an additional $1 billion in net
material
cost savings.
--
|
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| Back to top |
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.dbu.
Guest
|
| Posted:
Wed Nov 23, 2005 4:32 am Post subject:
Re: GM leaving town |
|
|
In article <i3Ggf.4724$pF.101@fed1read04>,
"Bob Bitch'n" <Bob@RobertBitch'n.com> wrote:
| Quote: | It only sounds foolish if you are asleep or not paying attention.
Bob
|
My day starts at 3 AM. I'm still wide awake. Are you?
The healthcare issue is not one that broke the camels back regarding GM.
It is a loss of sales, a product line which is not in tuned to the
market and too many plants which are running far below 100 percent. It
would help if GM could rid themselves of the labor contracts as one
major airline is in the process of doing. Big labor is a huge burden on
companies. The big labor bosses tell the minions who to vote for and
they dutifully do so with the thought they will get more "bennys".
Democrats pander to big labor for that very reason. Democrats have
found a cozy little place with big labor. There should be an
investigation of the goings on between big labor and the democrat party.
Your healthcare national plan needs far far more scrutiny than hillary
was willing to give. It failed and I am most happy it did.
| Quote: |
".dbu." <foolishlefties@Zapem.com> wrote in message
news:foolishlefties-6E49BF.08112022112005@news-rdr-01.rdc-kc.rr.com...
In article <OtFgf.4148$wf.90@newsread3.news.atl.earthlink.net>,
"Art" <begunaNOSPAMPLEASE@mindspring.com> wrote:
They were crippled by making lousy cars for the last 30 years. They
would
have been helped out if they had let Clinton come up with a national
health
plan. They got theirs.
Another foolish statement by Art.
"Philip" <1chip-state1@earthlink.net> wrote in message
news:f1lgf.1647$aA2.387@newsread2.news.atl.earthlink.net...
Thank you Bob. Here's a snip from your article ... the most telling:
"GM has been crippled by high labor, pension, health care and materials
costs as well as by sagging demand for sport utility vehicles, its
longtime cash cows, and by bloated plant capacity. Its market share has
been eroded by competition from Asian automakers led by Toyota Motor
Corp."
-Philip
"Bob Bitch'n" <Bob@RobertBitch'n.com> wrote in message
news:sZkgf.4213$pF.3186@fed1read04...
More info at:
http://www.detnews.com/2005/autosinsider/0511/21/0auto-389019.htm
Bob
"Philip" <1chip-state1@earthlink.net> wrote in message
news:TKkgf.3667$N45.3331@newsread1.news.atl.earthlink.net...
NEW YORK (MarketWatch) -- General Motors (GM) Monday said it now
plans
to eliminate 30,000 manufacturing positions from 2005 through 2008 as
part of an effort to reduce its assembly capacity in North America.
It
expects the staff reduction to come mostly through attrition and
early
retirees. The figure represents an increase of 5,000 jobs from its
previous plan to cut 25,000 positions in the three-year period. The
company expects to reduce capacity by an additional 1 million units
by
the end of 2008, bringing its target down to 4.2 million units, a
level
that would represent a 30% decrease from 2002 levels. The Dow
component
expects to record a "significant" restructuring charge in relation to
this effort. GM lifted its target for structural cost reductions to
$6
billion by the end of 2006 from a previously indicated level of $5
billion. It also is targeting an additional $1 billion in net
material
cost savings.
--
-- |
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