BlackICE
GT Owner
What are the current terms for laying off UAW workers and how would it change in 2010? This has bearing on the cost they may incur if the recession is longer or deeper than expected, and or they lose market share. e.g. if GM has to cut capacity by 35% how much will that cost in buyouts, severance packages, etc? What costs are incurred by shutting down some of dealers? That is not impacted by the UAW contracts, yet the over abundance of dealers reduce profit potential of both the manufacturers and dealers, making them less competitive.