While I sympathize with the workers wanting more money, I’m not looking forward to new vehicles being more unattainable than they already are.
I think the companies already charge whatever they can get away with. They are always going to charge the maximum price they can without losing more money in lost sales.
The workers getting a pay rise would increase the minimum cost they could charge but they already charge the maximum which is what the market will bear. To not do the latter would mean these companies are willingly leaving money on the table
The workers getting a pay rise would increase the minimum cost they could charge but they already charge the maximum which is what the market will bear.
No it wouldn’t. They would simply make very slightly less profit. Christ. Thatcher really did a number on y’all
That’s what I said
The minimum cost they could charge is the amount it cost them to make it which would go up but they charge the maximum which is the price that generates the most profit without sacrificing sales therefore a pay rise would mean the company would just have to eat the cost and make less profit
Majority of inflation is largely greedflation, i.e. corporate profit driven not in anyway compensational towards wage costs. Hell even the U.S. Bureau of Labor Statistics agrees.
I expect so, but most corporations aren’t going to roll back and make less money than they do now. I read that the UAW workers want to make $100,000 a year after 4 years on the job. I don’t see how that can make vehicles any more affordable.
They aren’t built to be affordable, consumption now is on debt trapping and managing infinite payments (car, house, hell you can take a loan out for a pizza). Shits fucked and it’s fucked whether or not a worker is making an actual wage but I know I’d rather see someone not fully strugglging while doing manual labor for already overpriced cars. i.e. stop criticizing workers for wanting something better with such lib takes that “oh no this will harm my consumptuion that’s already harmed under capital”.
Corporations will do whatever they need to maximize profit.
If people had higher standards, businesses would have to meet those standards in order to stay in business.
I don’t see how that can make vehicles any more affordable.
That’s because you’re not paying attention to the people who are making too much profit. They’re having a fat payday because vehicles are expensive and employees are paid peanuts. There’s plenty of room for vehicles to go down in price and employees to get paid more if the people making profit made less profit.
Keep in mind, they will still be making more money than you can ever hope to achieve.
Hey, buddy. I got some news for you.
Businesses charge what people are willing to pay. Full stop. Not what products cost to produce.
This particular plant is making premium SUVs and pickups, by the sound of it, so already luxury vehicles. It’s not like they’re making economy cars.
UAW factories don’t make affordable economy cars anyway. In fact, the Big 3 abandoned that segment altogether in favor of higher margin trucks and SUVs. They didn’t choose to strike at the plants that build the Wrangler and Bronco randomly. Chinese EVs are slowly taking over Europe because they offer more car for less money. Our steep tariffs are the only thing preventing a Chinese takeover of the US market that would dwarf the Japanese invasion of the 80s.
I don’t understand why you get downvoted. How can people not know that a rise in production cost gets passed through to the customer.
Greedy workers and greedy CEOs unite to raise auto prices. Lovely.
Even if that wasn’t complete nonsense, it would be a good thing. The world needs to stop making and driving ICE vehicles. High prices are a great deterrent.
this take kinda ignores the large number of people and places that do not have that option. it’s not up to consumers to stop driving. infrastructure has to come first in more than just major cities.
I already knew making any criticism of uaw or workers would bring down votes. I won’t bother any further with replies beyond saying greedy people asking for 40% pay raise and lazy people asking for 4 day work week are specific examples. CEO’s giving themselves massive pay raises are also greedy. Both sets are assholes and consumers pay the price.
The 40% is mostly too make up the concessions the workers made to keep the companies afflot in 2008. The 40% is over the life of the contract. The 40% wouldn’t even reach 10% of the projected profits for the companies over that time. 4 day work week is proven to be more productive than the 5 day work week, even more so for physically demanding jobs.
You are uninformed.
They conflate needs with wants.
Rather than spending less, they want to make more.
It’s about quality, not quantity.
That said, it’s not fair for workers to get shafted while owners get richer. I believe they all should be making less money so those who have less can have more, but I’ll settle for workers at least getting proportional compensation.
Why do you think they can spend less when the inflation increased by a great margin?
How about those shareholders spend less for a change and don’t demand a perpetual 30% yearly increase, huh?
Ford thinks they can weather this since they needed to cut output anyway.
I think they have been intentionally making a bad offer so the union strikes and thus production is cut while they blame it on the union to stockholders.
That’s the play but it is has expiration date, hopefully strikers will out last these brain dead lEaDERShIP
They just make a reasonable offer then. Most strikers cannot afford to last much longer - the union pays less than minimum wage for carrying signs (I haven’t checked this strike, but that is typical)
The only hope i feel for the future of this country is workers unionizing. Its the only leverage the poor and middle class have. We need more unions.
At this point it’s a race to see whether the workers will band together before the magats go full fascist. This decade is about to get really interesting.
I don’t want interesting, I want a decent life, preferably not in slavery to the rich… Is it time to move to Sweden?
Idk… recently I read about a guy that actually moved from there to America…I was perplexed 🤔.
Same thing happening here. 20% of people voted for the fascists last election. Now they’re trying to pass a law forcing teachers, doctors, nurses, etc. to report illegal immigrants to the authorities.
Also, massive cuts to welfare, scrapped environmental goals. The list is expanding
Ford thinks they can weather this since they needed to cut output anyway.
