The Oil Drum | Drumbeat: January 26, 2010
The contracts that Ford, General Motors Co. and Chrysler Group LLC signed in 2007 allow the auto makers to fill jobs vacated by older workers who leave or retire with new hires earning a little more than $14 an hour on average—about … It would seem that the US auto industry will have to face the fact that it can either i) maintain the same size and ‘content’ of the typical American car but sell far fewer of them, or ii) sell the same number of cars but cars that are …
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The Oil Drum | Drumbeat: January 26, 2010
