quote:

It's time GM workers, and the whole working class, get their fair share."

Are these employees prohibited from purchasing stock? If they owned part of the company, they'd get their fair share.

quote:

Originally posted by chellim1:

quote:

OK , there's obviously more going on here .She's applying for jobs she isn't qualified for .There's something in her resume that is a deal killer . Which is it ? SOMETHING IS WRONG.

Healthcare VP of operations. The company restructured 3 VP level jobs down to 1. Lot's of healthcare firms are cutting management jobs.
For some jobs there are over 1000 applicants and you are competing nation-wide.

RogueJSK is right: We have two very different job markets.

Has she looked outside of the HC market, with her background she should be a good fit for the larger Health Insurance carriers, they are always interested in people with direct experience in the HC side to move into their operations in the Group insurance side of the business.

There is also room in the agency side as well as the carrier side, since she has plenty of operational experience, understands the HC side, if she's dealt with the contracting, implementation and filing of claims for hospital medical, she can bring value to those organizations.

Since she's got some time, she should look into getting her agent license for Life/Health, Link take a class, pass the test if she's interested in the market at the agency level.

If you work for a carrier you don't need the license, however having it adds value, ie you show you have insurance knowledge as well as HC experience.

HRK,
Thanks. I don't want to derail a thread about the UAW strike. I'll send you an email.

quote:

Originally posted by chellim1:

quote:

OK , there's obviously more going on here .She's applying for jobs she isn't qualified for .There's something in her resume that is a deal killer . Which is it ? SOMETHING IS WRONG.

Healthcare VP of operations. The company restructured 3 VP level jobs down to 1. Lot's of healthcare firms are cutting management jobs.
For some jobs there are over 1000 applicants and you are competing nation-wide.

RogueJSK is right: We have two very different job markets.

My wife is having the same experience. She's 51. Countless applications over the past several months. A few recruiter interviews, but nothing that has advanced. She's a marketing professional with 25+ years experience. She's exhausted her network with no luck so far. She's worked in tech, HC (optometric) and financial. We are California based which I think might be working against her for remote work. One of her previous employees shared that he was told to hire remote candidates outside of California if at all possible. And they are California based!

And yet, like every other small business who employs blue collar I struggle to find employees...
I agree with Rogue, its two very different job markets.

I’m just glad that I retired six years ago from the auto dealership world. Worked in parts.

Since I’ve been out two strikes and Covid. I heard enough horror stories from friends still in the business on how things would just start to get back to normal and then a new crisis comes up.

What used to really get to me during previous strikes when UAW members would come in and when you would inform them that the part they needed was not available due to the strike they’d get all huffy. Obviously they were special.

Or the ones that would come into a dealership and demand a discount using the line “My contract says you have to sell me the part at cost”. I’d tell them “We are an independent business not bound by your contract. Your contract allows you to go to a GM parts facility that has it and buy it at cost there. You want it here, you pay my price.”

The UAW got a sweetheart deal in the GM bankruptcy. Salaried GM employees got screwed yet the rank and file came out intact. GM dealerships closed up. many small town mom and pop dealerships took a bath together with their employees. Many never fully recovered financially not to mention what it did to them psychologically. UAW didn’t care, if you’re not Union you don’t matter.

There are a helluva lot more of GM products made overseas and south of the border and more production can be shifted to those facilities. Maybe Fein needs to think about that too.

Gotta love the government and the UAW wanted to get GM back up and running post bankruptcy and now today tear it back down. And how “rich” GM is today. Even without adjusting for inflation since the “new” GM stock was sold to the public todays current price is lower than it was in the IPO. Manybe that needs to sink into the heads and rank and file.

quote:

Originally posted by RogueJSK:

quote:

Originally posted by chellim1:
For some jobs there are over 1000 applicants and you are competing nation-wide.

Yep. I'm running into the same thing.

Everything is online now. Which means you're now competing against everyone from the entire country, and even the world in some cases.

Around the world is right. I worked in a building occupied by Humana. A huge percentage of the employees were clearly H1B. Those checking the W and M boxes need not apply. If you can work from home, your work can be done in India.

quote:

If you can work from home, your work can be done in India.

Yep. For many jobs that is true.
And to tie that back to the United Autoworkers strike: If your job is moved to India, and you are unemployed, you probably won't be buying a $100K truck.

quote:

The UAW got a sweetheart deal in the GM bankruptcy. Salaried GM employees got screwed yet the rank and file came out intact. GM dealerships closed up. many small town mom and pop dealerships took a bath together with their employees. Many never fully recovered financially not to mention what it did to them psychologically. UAW didn’t care, if you’re not Union you don’t matter.

There are a helluva lot more of GM products made overseas and south of the border and more production can be shifted to those facilities. Maybe Fain needs to think about that too.

Yeah... I don't think this Shawn Fain guy is playing with a full deck. His actions may be devastating to the lives and families of many UAW members... and of course many non-UAW members.

https://www.breitbart.com/poli...e-hikes-autoworkers/

The United Auto Workers (UAW) has announced a tentative agreement with Ford Motor Company to end its strike, securing massive wage hikes for auto workers and a right to strike whenever the automaker closes a plant.

the agreement authorizes 25 percent in base wage increases through April 2028 and will raise top wages by more than 30 percent to more than $40 an hour.

Starting wages will be raised by 68 percent to more than $28 an hour

Ford’s lowest-paid workers will have their wages raised by more than 150 percent over the tenure of the four-year agreement.

Most significantly, the agreement will reinstate benefits that auto workers at Ford have not enjoyed since the Great Recession such as cost-of-living allowances, a three-year wage progression, and an elimination of wage tiers among union workers.

the UAW’s strike against General Motors and Stellantis continues.

Now shitty pickup trucks will be a half million dollars by next season.

China will be all over this with new American plants coming in.

With this agreement between Ford and the UAW, I wonder if Ford is just buying some time in order to close lines and move production to non-union areas? I don't see how the company can keep going long-term with large increases in labor costs every few years.

How much profit is there in a $70k F-150?

They will all accelerate the move to Mexico.

The Chinese cars are coming on strong. They aren't in the US yet, but they have a huge presence in Mexico, S. America, and are moving into Europe.

The US companies can't compete when a guy putting on a headlight makes these wages, along with the work restrictions of the union, EPA, mileage rules, etc. The US auto industry will go the way of the textile industry, engineering, electronics, etc. They have some time but the clock is ticking.

These fools fought to secure what they have today, because they are too stupid to secure tomorrow. The right to strike over plant closings? What about securing new plants you fools. They won't close it now, they will just slowly choke it off until they don't need it, then let then strike.

quote:

Originally posted by marksman41:
With this agreement between Ford and the UAW, I wonder if Ford is just buying some time in order to close lines and move production to non-union areas? I don't see how the company can keep going long-term with large increases in labor costs every few years.

My feeling is this may be what Ford's end plan is. In reality I bet they wish they had moved away from the rust belt after previous strikes.

This message has been edited. Last edited by: ridewv,

I wonder if they even have a long-term plan or if it’s just survive for another day.

quote:

Originally posted by Mars_Attacks:
Now shitty pickup trucks will be a half million dollars by next season.

China will be all over this with new American plants coming in.

Both our vehicles are fairly new, so the UAW strike has affected me about as much as the Hollywood actors or writer's strike. (or whoever's striking out there.)

I'm sure I'll feel the pain when I want a new pickup, though.

True costs of EVs revealed by bombshell report out of a Texas think tank
By Olivia Murray

The electric vehicle industry is barely making it with all the cushy subsidies, grants, and backroom deals… imagine if these car companies were actually forced to manufacture a sellable and profitable product, and produce their own wealth instead of just stealing ours?

Just two days back, a regular AT contributor noted that the Big Three automakers were diminishing E.V. output because, according to The Wall Street Journal, coupled with a “need” to make rechargeable cars more profitable, there is a “slowing demand” for consumers.

Yesterday, Fox News reported on a “sweeping first-of-its-kind” Texas Public Policy Foundation analysis put together by “energy experts” Jason Isaac and Brent Bennett, which revealed that the actual cost of rechargeable cars and the E.V. industry is, in reality, much higher than they’re leading us to believe. From Fox:

According to the TPPF report … the average model year 2021 EV would cost approximately $48,698 more to own over a 10-year period without the staggering $22 billion in taxpayer-funded handouts that the government provides to electric car manufacturers and owners. The analysis factors in federal fuel efficiency programs, electric grid strain, and direct state and federal subsidies.

Prices and costs to push these vehicles and the necessary infrastructure are already through the roof—one E.V. tech outlet asserted that between Joe Biden’s two biggest “accomplishments'' (and I say that in the loosest most sarcastic sense), the Infrastructure Investment Jobs Acts of 2021 and the Inflation Reduction Act of 2022, put that number at $100 billion:

In total, the $100 billion for which EVs are eligible in IIJA and IRA represents nearly 30 times the total EV funding awarded by the U.S. government to date.

“Nearly 30 times” the amount of our money doled out to date. Disgusting. Mind you, this article also specifically notes that this number is “not including tax credits or loan programs” and from Reuters, we learned that under the IRA, each E.V. is eligible for a $7,500 tax credit.

Now, if the energy experts in Texas are right, each car is costing almost $50,000 more than they’re telling us over a ten-year period, which obviously works out to about $5,000 a year. However, I’m not sure the report accounts for this but it’s certainly a relevant point, the U.S. dollar is losing its value at an astonishing rate, so in reality, I presume that over the course of ten years, this number is actually even higher.

One such cost included in the analysis is the “socialized cost” of charging stations. The extra strain on the grid amounts to around $12,00 of the extra $50k, which are “shouldered by utility ratepayers and taxpayers” many of whom, naturally, don’t own a recharge car… like myself.

Also from Fox:

‘It is not an overstatement to say that the federal government is subsidizing EVs to a greater degree than even wind and solar electricity generation and embarking on an unprecedented endeavor to remake the entire American auto industry,’ the report states. ‘Despite these massive incentives, EVs are receiving a tepid response from the majority of Americans who cannot shoulder their higher cost.’

This is exactly what a free market is supposed to correct. Ideas or products that do not bring enough of a benefit, to enough of a population, for a cheap enough cost... are meant to die and will. But, thanks to government, and particularly a socialist Democrat government, stupidity and failure are virtues, and it pays to be a leech. Socialism sucks.

https://www.americanthinker.co...exas_think_tank.html

The results of this strike will make the average cost of a new car rise significantly.

Part of the strike is over the jobs that are eliminated by EV production that require less parts and labor. Plus the elimination of service that ICE vehicles require.

With that said, I really like my new Ford Mustang Mach E.

quote:

Originally posted by chellim1:
True costs of EVs revealed by bombshell report out of a Texas think tank

And then this....

Link

Auto execs are coming clean: EVs aren't working

At earnings this week, several auto execs pulled back on EV targets.
Dealers have been warning of slowing EV demand for months.
"This is a pretty brutal space," Mercedes-Benz's CFO said this week.

With signs of growing inventory and slowing sales, auto industry executives admitted this week that their ambitious electric vehicle plans are in jeopardy, at least in the near term.

Several C-Suite leaders at some of the biggest carmakers this week voiced fresh unease about the electric car market's growth as concerns over the viability of these vehicles put their multi-billion-dollar electrification strategies at risk.

Among the surprising hand-wringing is GM's Mary Barra, historically one of the automotive industry's most bullish CEOs on the future of electric vehicles. GM has been an early-mover in the electric car market, selling the Chevrolet Bolt for seven years and making bold claims about a fully electric future for the company long before their competitors got on board.

But this week on GM's third-quarter earnings call, Barra and GM struck a more sober tone. The company announced with its quarterly results that it's abandoning its targets to build 100,000 EVs in the second half or this year and another 400,000 by the first six months of 2024. GM doesn't know anymore when it will hit those targets.

"As we get further into the transformation to EV, it's a bit bumpy," she said.
While GM's about-face was somewhat of a surprise to investors, the Detroit car company is not alone in this new view of the EV future. Even Tesla's Elon Musk warned on a recent earnings call that economic concerns would lead to waning vehicle demand, even for the long-time EV market leader.

Meanwhile, Mercedes-Benz — which is having to discount its EVs by several thousand dollars just to get them in customers' hands — isn't mincing words about the state of the EV market.

"This is a pretty brutal space," CFO Harald Wilhelm said on an analyst call. "I can hardly imagine the current status quo is fully sustainable for everybody."

EVs are getting harder to sell
But Mercedes isn't the only one; almost all current EV product is going for under sticker price these days, and on top of that, some EVs are seeing manufacturer's incentives of nearly 10%.

That's as inventory builds up at dealerships, much to the chagrin of dealers. While car buyers are in luck if they're looking for a deal on a plug-in vehicle, executives are finding even significant markdowns and discounts aren't enough. These cars are taking dealers longer to sell compared with their gas counterparts as the next wave of buyers focus on cost, infrastructure challenges, and lifestyle barriers to adopting.

Just a few months after dealers have started coming forward to warn of slowing EV demand, manufacturers appear to be catching up to that reality. Ford was the first to fold, after dealers started turning away Mach-E allocations. In July, the company extended its self-imposed deadline to hit annual electric vehicle production of 600,000 by a year, and abandoned a 2026 target to build 2 million EVs.

In scrapping plans with GM to co-develop sub-$30,000 EVs, Honda CEO Toshihiro Mibe said the shifting EV environment was difficult to gauge.

"After studying this for a year, we decided that this would be difficult as a business, so at the moment we are ending development of an affordable EV," Mibe said in an interview with Bloomberg this week.

For some, this pullback is no surprise.

"People are finally seeing reality," Toyota Motor Chairman Akio Toyoda said at the Japan Mobility Show, the Wall Street Journal reported. Toyoda has long been skeptical of his peers' pure-electric blueprints.

quote:

Originally posted by PR64:
With that said, I really like my new Ford Mustang Mach E.

It's a nice looking car and I'm glad you like it.

But I wish the government would just stay out of it. If people want one, I'm happy for them but I'm not happy to have the government's heavy hand on the scale trying to influence the decision.

quote:

This is exactly what a free market is supposed to correct. Ideas or products that do not bring enough of a benefit, to enough of a population, for a cheap enough cost... are meant to die and will. But, thanks to government, and particularly a socialist Democrat government, stupidity and failure are virtues, and it pays to be a leech. Socialism sucks.

quote:

Originally posted by chellim1:

quote:

Originally posted by PR64:
With that said, I really like my new Ford Mustang Mach E.

It's a nice looking car and I'm glad you like it.

But I wish the government would just stay out of it. If people want one, I'm happy for them but I'm not happy to have the government's heavy hand on the scale trying to influence the decision.

quote:

This is exactly what a free market is supposed to correct. Ideas or products that do not bring enough of a benefit, to enough of a population, for a cheap enough cost... are meant to die and will. But, thanks to government, and particularly a socialist Democrat government, stupidity and failure are virtues, and it pays to be a leech. Socialism sucks.

I agree.

The Government should stay out of it but they won't.

EV's are not really eco friendly when you look at what it takes to make the batteries currently. Then look at the how the electricity is produced.

I personally charge off my solar at my house, but when I do a road trip I have to use public chargers...

quote:

Originally posted by sdy:
https://www.breitbart.com/poli...e-hikes-autoworkers/

The United Auto Workers (UAW) has announced a tentative agreement with Ford Motor Company to end its strike, securing massive wage hikes for auto workers and a right to strike whenever the automaker closes a plant.

the agreement authorizes 25 percent in base wage increases through April 2028 and will raise top wages by more than 30 percent to more than $40 an hour.

I had a sneaking suspicion all along Ford would be the first to cave.

Up to $40/hour for assembly line work

Idiots.