Thread: GM adds
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      04-26-2010, 10:04 PM   #2
742
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Hourly labor manufacturing costs are higher in Germany than they are in the United States. Nevertheless Mercedes Benz, BMW, VW and Porsche are solid companies. And Germany is the world's second largest exporter.

The problem is management, not labor. And it has been for decades.

Until the revolving door of short term MBAs goes away GM is going to lose money. And the United States will continue its slide to third world status.
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