I would venture that Mr. Hargrove should fear less and prepare more. I am
trying think of examples of job security trumping lowest cost but images of
WalMart keep getting in the way. From: [EMAIL PROTECTED]: [EMAIL PROTECTED]:
Thu, 5 Jul 2007 16:42:33 -0400Subject: [Futurework] More gloooooooom
There’s an interesting article on the potential impact of the Chinese
auto industry in today’s Globe and Mail. It indicates that the Chinese have a
huge labour cost advantage in making cars, paying their assembly line workers
83
cents per hour (U$) as opposed to US costs of $73 per hour (U$). The article
says that Chrysler has made a deal with the Chinese manufacturer, the Chery
Automobile Company, to produce a low cost car ($10,000) that will initially be
marketed in Eastern Europe and Latin America and in Western Europe and North
America subsequently. Are North American workers worried. Absolutely. "The
Chrysler-Chery linkup has worried and angered Canadian Auto Workers president
Buzz Hargrove for some time. Mr. Hargrove fears the successful export of small
cars will lead to auto makers building bigger vehicles in China and shipping
them here."
The article, by Greg Keenan, appears in the Globe’s Business Section and
is titled "Will Chery be Detroit's new nightmare?" It is sub-titled "Quality
car
at a low price could shake auto industry to its foundations when it arrives in
2010, analysts say".
Ed
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