(December 10, 2010 at 10:54 pm)TheDarkestOfAngels Wrote:(December 10, 2010 at 9:53 pm)Mishka Wrote: The CEO was speaking truthfully. Over fifteen hundred dollars of each vehicle is slated just for pension and helath care benefits.
That's bullshit.
That shows you don't know what you're talking about. This is from 2005. With rising health care costs and pension costs, guess what it is now.
http://uspolitics.about.com/b/2005/06/08/as-goes-gm.htm
"The company says that the cost of every new car includes $1,500 for employee and retiree health care costs; no mention of the cost per vehicle for pensions. Look to GM to be the next company to abdicate its pension plan to the feds."