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The only person losing out is going to be the consumer. What's to stop executives at Ford, GM and Stellantis from saying "sure, 40% pay increases, no problem" a
by MuffinFlavored 3y ago
The only person losing out is going to be the consumer. What's to stop executives at Ford, GM and Stellantis from saying "sure, 40% pay increases, no problem" and then just passing it along to consumers one way or another?
There isn't enough margin in the R&D + logistics of producing cars as is.
Ford's stock is up 25% in 5 years, vastly underperforming the index
GM stock is -5.6% over 5 years
Stellantis stock is +3.55% over 5 years.
Where is the argument that the greedy capitalist meanies at the top are doing nothing but buybacks with the millions in profits inflation the stock?
- massysett 3y ago“and then just passing it along to consumers one way or another?” The consumer will buy a car from a non-union automaker that charges less.
- mulmen 3y agoFord jumpstarted the middle class by increasing compensation to a level that created more customers. This is consistent with the idea that value is created.