Home › Forums › Financial Markets/Economics › Time for Jeff Bridges to dump Hyundai
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June 16, 2009 at 2:28 PM #417124June 16, 2009 at 2:52 PM #416405
dbapig
Participant[quote=Rt.66]One thing I noticed from looking into Korean autoworker wages is that Koreans protect and fight for these jobs like angry badgers. Man they’ll strike and shut a town down if a sneeze comes out sounding like “layoffs”.
Another example of a country that recognizes the importance and worth of good jobs and fights for them.
While we continue to debate whether or not it’s a good idea to cheer for the LOSS of the same jobs.
Funny.
[/quote]Few explanations.
Union at Hyundai Motors is particularly combative. Not sure why but they are very aggressive. Many S Koreans don’t like them (union members) too much i think.
A sister company across town, Hyundai Heavy Industries (HHI), has a much more reasonable union. HHI is a huge ship builder. Union at HHI used to be aggressive and had huge street battles (really battles) and all. But the management learned to work with them and their union is much less combative. In fact the union volunteered few months ago not to interfere if the management decides to cut wages etc in the difficult time. It helps that HHI has enough orders to keep them busy for next 3 years but still.
Many jobs left ROK and went to other cheaper areas like China etc.
IMO, one thing that’s hindering US from acting swiftly is the US Treasury’s printing press. ROK don’t own printing press that can print $$.
US has Plan B, the printing press, although that might change if China has its way. But not ROK.
June 16, 2009 at 2:52 PM #416643Participant[quote=Rt.66]One thing I noticed from looking into Korean autoworker wages is that Koreans protect and fight for these jobs like angry badgers. Man they’ll strike and shut a town down if a sneeze comes out sounding like “layoffs”.
Another example of a country that recognizes the importance and worth of good jobs and fights for them.
While we continue to debate whether or not it’s a good idea to cheer for the LOSS of the same jobs.
Funny.
[/quote]Few explanations.
Union at Hyundai Motors is particularly combative. Not sure why but they are very aggressive. Many S Koreans don’t like them (union members) too much i think.
A sister company across town, Hyundai Heavy Industries (HHI), has a much more reasonable union. HHI is a huge ship builder. Union at HHI used to be aggressive and had huge street battles (really battles) and all. But the management learned to work with them and their union is much less combative. In fact the union volunteered few months ago not to interfere if the management decides to cut wages etc in the difficult time. It helps that HHI has enough orders to keep them busy for next 3 years but still.
Many jobs left ROK and went to other cheaper areas like China etc.
IMO, one thing that’s hindering US from acting swiftly is the US Treasury’s printing press. ROK don’t own printing press that can print $$.
US has Plan B, the printing press, although that might change if China has its way. But not ROK.
June 16, 2009 at 2:52 PM #416903Participant[quote=Rt.66]One thing I noticed from looking into Korean autoworker wages is that Koreans protect and fight for these jobs like angry badgers. Man they’ll strike and shut a town down if a sneeze comes out sounding like “layoffs”.
Another example of a country that recognizes the importance and worth of good jobs and fights for them.
While we continue to debate whether or not it’s a good idea to cheer for the LOSS of the same jobs.
Funny.
[/quote]Few explanations.
Union at Hyundai Motors is particularly combative. Not sure why but they are very aggressive. Many S Koreans don’t like them (union members) too much i think.
A sister company across town, Hyundai Heavy Industries (HHI), has a much more reasonable union. HHI is a huge ship builder. Union at HHI used to be aggressive and had huge street battles (really battles) and all. But the management learned to work with them and their union is much less combative. In fact the union volunteered few months ago not to interfere if the management decides to cut wages etc in the difficult time. It helps that HHI has enough orders to keep them busy for next 3 years but still.
Many jobs left ROK and went to other cheaper areas like China etc.
IMO, one thing that’s hindering US from acting swiftly is the US Treasury’s printing press. ROK don’t own printing press that can print $$.
US has Plan B, the printing press, although that might change if China has its way. But not ROK.
June 16, 2009 at 2:52 PM #416970Participant[quote=Rt.66]One thing I noticed from looking into Korean autoworker wages is that Koreans protect and fight for these jobs like angry badgers. Man they’ll strike and shut a town down if a sneeze comes out sounding like “layoffs”.
Another example of a country that recognizes the importance and worth of good jobs and fights for them.
While we continue to debate whether or not it’s a good idea to cheer for the LOSS of the same jobs.
Funny.
[/quote]Few explanations.
Union at Hyundai Motors is particularly combative. Not sure why but they are very aggressive. Many S Koreans don’t like them (union members) too much i think.
A sister company across town, Hyundai Heavy Industries (HHI), has a much more reasonable union. HHI is a huge ship builder. Union at HHI used to be aggressive and had huge street battles (really battles) and all. But the management learned to work with them and their union is much less combative. In fact the union volunteered few months ago not to interfere if the management decides to cut wages etc in the difficult time. It helps that HHI has enough orders to keep them busy for next 3 years but still.
Many jobs left ROK and went to other cheaper areas like China etc.
IMO, one thing that’s hindering US from acting swiftly is the US Treasury’s printing press. ROK don’t own printing press that can print $$.
US has Plan B, the printing press, although that might change if China has its way. But not ROK.
June 16, 2009 at 2:52 PM #417129Participant[quote=Rt.66]One thing I noticed from looking into Korean autoworker wages is that Koreans protect and fight for these jobs like angry badgers. Man they’ll strike and shut a town down if a sneeze comes out sounding like “layoffs”.
Another example of a country that recognizes the importance and worth of good jobs and fights for them.
While we continue to debate whether or not it’s a good idea to cheer for the LOSS of the same jobs.
Funny.
[/quote]Few explanations.
Union at Hyundai Motors is particularly combative. Not sure why but they are very aggressive. Many S Koreans don’t like them (union members) too much i think.
A sister company across town, Hyundai Heavy Industries (HHI), has a much more reasonable union. HHI is a huge ship builder. Union at HHI used to be aggressive and had huge street battles (really battles) and all. But the management learned to work with them and their union is much less combative. In fact the union volunteered few months ago not to interfere if the management decides to cut wages etc in the difficult time. It helps that HHI has enough orders to keep them busy for next 3 years but still.
Many jobs left ROK and went to other cheaper areas like China etc.
IMO, one thing that’s hindering US from acting swiftly is the US Treasury’s printing press. ROK don’t own printing press that can print $$.
US has Plan B, the printing press, although that might change if China has its way. But not ROK.
June 16, 2009 at 3:07 PM #416415ucodegen
Participant2010 Ford Fusion Hybrid Side-by-Side Comparison
Starting MSRP $27,270http://www.cars.com/go/crp/research.jsp?…
The 41-mpg Ford Fusion Hybrid,
it may be a really good car but ive been screwed by american car companys especally gm i want a car that will last, with a little tlcHow about a VW Jetta TDI? MSRP $24,070, Invoice $22,803… and 41Mpg (29 city). Automatic 6 speed trans… I have heard rumblings that VW is going to make a hybrid of this too..
Ford has to keep a better eye out on the competition and pricing. Pricing would be better on the VW is not for the dollar/Euro exchange rate – (Its gotten better for the dollar but still a little behind from same time last year)June 16, 2009 at 3:07 PM #416653Participant2010 Ford Fusion Hybrid Side-by-Side Comparison
Starting MSRP $27,270http://www.cars.com/go/crp/research.jsp?…
The 41-mpg Ford Fusion Hybrid,
it may be a really good car but ive been screwed by american car companys especally gm i want a car that will last, with a little tlcHow about a VW Jetta TDI? MSRP $24,070, Invoice $22,803… and 41Mpg (29 city). Automatic 6 speed trans… I have heard rumblings that VW is going to make a hybrid of this too..
Ford has to keep a better eye out on the competition and pricing. Pricing would be better on the VW is not for the dollar/Euro exchange rate – (Its gotten better for the dollar but still a little behind from same time last year)June 16, 2009 at 3:07 PM #416913Participant2010 Ford Fusion Hybrid Side-by-Side Comparison
Starting MSRP $27,270http://www.cars.com/go/crp/research.jsp?…
The 41-mpg Ford Fusion Hybrid,
it may be a really good car but ive been screwed by american car companys especally gm i want a car that will last, with a little tlcHow about a VW Jetta TDI? MSRP $24,070, Invoice $22,803… and 41Mpg (29 city). Automatic 6 speed trans… I have heard rumblings that VW is going to make a hybrid of this too..
Ford has to keep a better eye out on the competition and pricing. Pricing would be better on the VW is not for the dollar/Euro exchange rate – (Its gotten better for the dollar but still a little behind from same time last year)June 16, 2009 at 3:07 PM #416980Participant2010 Ford Fusion Hybrid Side-by-Side Comparison
Starting MSRP $27,270http://www.cars.com/go/crp/research.jsp?…
The 41-mpg Ford Fusion Hybrid,
it may be a really good car but ive been screwed by american car companys especally gm i want a car that will last, with a little tlcHow about a VW Jetta TDI? MSRP $24,070, Invoice $22,803… and 41Mpg (29 city). Automatic 6 speed trans… I have heard rumblings that VW is going to make a hybrid of this too..
Ford has to keep a better eye out on the competition and pricing. Pricing would be better on the VW is not for the dollar/Euro exchange rate – (Its gotten better for the dollar but still a little behind from same time last year)June 16, 2009 at 3:07 PM #417140Participant2010 Ford Fusion Hybrid Side-by-Side Comparison
Starting MSRP $27,270http://www.cars.com/go/crp/research.jsp?…
The 41-mpg Ford Fusion Hybrid,
it may be a really good car but ive been screwed by american car companys especally gm i want a car that will last, with a little tlcHow about a VW Jetta TDI? MSRP $24,070, Invoice $22,803… and 41Mpg (29 city). Automatic 6 speed trans… I have heard rumblings that VW is going to make a hybrid of this too..
Ford has to keep a better eye out on the competition and pricing. Pricing would be better on the VW is not for the dollar/Euro exchange rate – (Its gotten better for the dollar but still a little behind from same time last year)June 16, 2009 at 3:52 PM #416445ParticipantIn case it got lost in previous comments,
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did I mention ROK offers UNIVERSAL healthcare for its citizens?
———–June 16, 2009 at 3:52 PM #416682ParticipantIn case it got lost in previous comments,
———–
did I mention ROK offers UNIVERSAL healthcare for its citizens?
———–June 16, 2009 at 3:52 PM #416943ParticipantIn case it got lost in previous comments,
———–
did I mention ROK offers UNIVERSAL healthcare for its citizens?
———–June 16, 2009 at 3:52 PM #417011ParticipantIn case it got lost in previous comments,
———–
did I mention ROK offers UNIVERSAL healthcare for its citizens?
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