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Unions have, and always will, take the excess profits of Ford/GM for themselves. Even if Ford is a better car company, its shareholders will never get to see th
by kolbe 5y ago
Unions have, and always will, take the excess profits of Ford/GM for themselves. Even if Ford is a better car company, its shareholders will never get to see the money from it.
- soco 5y agoWhich is why VW, Mercedes, Citroen, Fiat, are all bankrupt and their shareholders live under bridges. Or wait...
- kolbe 5y agoHi. Welcome to America. The laws/rules are different here. I have a feeling German unions aren’t run by literal mobsters, either. Please learn the definition of “excess profits” before harassing me more. Every company you mentioned is worth significantly less money than Tesla. And where does VW rank in revenue to market cap? A quick glance shows Apple makes about 80% more revenue than VW, and has a market cap 25x higher. The money isn’t going to shareholders.