The link you gave does NOT go to Forbes. It goes to some blogger. There's a link to Forbes on that page, but it's a bad link. For the sake of argument I'll concede that the figures were probably taken from Forbes; what context they were originally in is anyone's guess.
If union wages were the only cost in building a car, you would have a point. But what matters is the TOTAL cost (labor, material, indirect costs, etc.) relative to the actual sales price (wholesale price less incentives). One must be careful when making assumptions that the labor costs of one particular class of employees (union assembly line workers) can be projected to the total vehicle costs. A huge amount of the content of any US-produced car will come from Canada and Mexico; those costs will not be reflected if you only look at the US union worker wages.
Are US assembly line workers overpaid? Probably so. If their wages were more in line with non-union workers, would the survival of the Big Three be guaranteed? Certainly not.
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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