1674. The 1674 chapter Ford is also here (1/5)

The Wind & Rain Holding Company Group does not want an employee. This condition has never been thought of before using it. Marl had prepared a lot of negotiating matters before, and all of them were disrupted.

Back to the Corporation, Marl Fu reported the matter to the Board of Directors. Ralph had a tough attitude. This did not agree, and the other talks were not discussed.

The most troublesome thing to do now is the salary of these people. In 1998, the same employees came to a big stop ~ work, 70,000 people joined together, and the entire Detroit was seriously affected.

This time, it also caused General Motors to lose more than $2.2 billion. In the end, the management team who used the same choice chose to compromise and re-signed a new labor agreement with the employees to increase the average salary of their employees.

The average hourly wage for Toyota and other automakers in the country is around $25, and the same use is more than $70. Car itself has higher requirements for labor, capital and technology. This will make the production cost of the same use a lot higher.

Moreover, the number of employees with the same use is less than 150,000, but the number of retirees exceeds 300,000, and the number of people who have to pay for medical insurance and other expenses counts as family members, more than one million!

Every year, the cost of medical insurance is too much, so that the funds used for the same use are stretched, not to mention that other welfare benefits cannot be reduced.

I have thought about reducing labor costs and moving the factory to Brazil, Mexico, and preferably Asia. But immediately the workers came to a big stop ~ work, so they had to dispel the idea.

General Motors Another point is that Feng Yu, who was looking at the information, was very funny. The children of the same employees had priority to work at General Motors. It seems that China’s original state-owned enterprise succession system.

China has abolished this system because it will greatly reduce the competitiveness of the company and increase the cost of the company. There will be more and more retirees, which will greatly increase the burden on the company.

Basically, using a car per line will cost about $4,000 for medical, pension and union expenses. Feng Yu is absolutely unwilling to bear this high cost.

Even Feng Yu can assert that no car company is willing to bear this cost. The profit of a car is just too high, which is more than double that of other car companies.

Think about the elves of Bing City Machinery Manufacturing Group. The cheap price is less than 3,000 US dollars. Is it the price, how much profit can it have?

Is it not a profit to produce a car for a dime, but also to spend one or two thousand dollars, just to enter the rice market? It is not expansion, but death.

In fact, the current dilemma of using the same has a certain relationship with Feng Yu. First of all, they have a joint venture in Shanghai, which has less shares than the previous ones, but they have invested a lot.

Secondly, General Motors has always been a large-displacement, strong-powered car. When the rice attacked China’s polluted environment, Feng Yu made a counterattack on the rice side.

It is pointed out that the country with 5% of the world’s population has 30% of the world’s car, and the emissions of carbon dioxide and other exhaust gases account for 45 percent of the world’s total, while GM Car is in it. Nearly one third.

The Country of the Country also responded by advocating that everyone driving a small-displacement car, which made GM, a car that focused on large-displacement cars, arrested.

In fact, after the oil price rose again last year, the world has entered the era of high oil prices. The average family is more inclined to small, energy-efficient car. The traditional large-displacement American car is gradually losing its market, not just General Motors, including The same is true for Ford car.

Instead, during this time, Japan’s Toyota and Boss sales climbed, because they mainly promoted the energy-efficient small car in North America, which is the most prominent place for Japan car.

Feng Yu remembers that after the previous visit to the Oba, the country passed a number of bills, determined a standard for energy conservation and emission reduction, and raised the standard year by year, forcing the displacement of the car to decrease.

In fact, the Oba is now announcing the election of the President, and Feng Yu has also let Ralph do some support. If you do this now, it is a snow in the snow.

The same use of falling into the present situation, and the country’s Government strategy is also inseparable relationship, the high salary of the workers in the United States, welfare and other high standards, which have an unshirkable responsibility with the Government. And it won’t take long for us to welcome one of the things that the Chinese people like to see, that is, Detroit, the car city of the country, went bankrupt!

The city went bankrupt, which was a new term at the time. When the country’s government declared bankruptcy, the Chinese were not so surprised.

General Motors’ multi-brand business strategy, Feng Yu has long predicted this, which will make the same brand have no focus, and can not effectively unite, and ultimately the core brand is also weakened.

What’s more, General Motors even wanted to make a plane, acquired aircraft Corporation, aircraft Corporation, etc., which caused the core business of Corporation to shift.

Do you know that multi-brand associations are not used together? They certainly know and have tried, but this attempt is very ridiculous in Feng Yu.

With its own parts, Corporation, Motor Corporation, etc., General Motors uses the same production platforms and spare parts for the so-called joint and cost reduction, and the same high-end and low-end cars have the same spare parts.

This has caused high-end cars not to be high-end, which has made consumers very disappointed, and it has also hurt the five major brand strategies that were originally used.

In the eyes of Feng Yu, General Motors bankruptcy is a matter of time. Even without this subprime mortgage crisis, General Motors will be finished.

They don’t have more than $150 billion in debt under the assets of an 100 billion dollar. The debt ratio is too high. Interest is just an astronomical figure, not to mention rising employee salaries, pensions, medical insurance. Kim and so on.

During this time, Ford Car has made some countermeasures, such as layoffs, starting with executives, and stopping Car’s credit business, because too many people are still not on the car.

Ford is the same as the same, there is also a financial credit Corporation, but they only do car credit, not involved in real estate credit, which makes them in the subprime crisis, anti-risk ability.

And Ford also has the world’s largest car rental company, which means that those who are not yet on the loan are recovered, and can continue to make profits for Ford in the leased structure, indirectly reducing Ford’s losses.

The three major car companies in the country, the same, Ford and Chrysler (Daimler-Chrysler), are in trouble at this time, Feng Yu has a certain interest in their brands.

Marl also suspends negotiations with Wind & Rain Holding Company at the request of Board of Directors, but heard that Ford Car went to the Wind & Rain Holding Company group.

This news, let the same board member turn pale with fright!

……

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